You just simply track the time you spend each day – and you track all of it. Once time tracking is discretionary, time will be missed. If you have to think about whether you should track the time you are about to spend, or if you have to decide whether to record the time that you just spent, that makes it too hard. Here are some reasons you should consider tracking all your time – billable or not. Many people think about tracking just billable time, and some even only track billable time associated with a file that is billed hourly and skip all the contingency based time. Return to Top Good Reasons to Track All of Your Time Here are some ideas to help you accurately capture both the quantity and quality of your billable time and get paid adopt and adapt those that you think will work for you. Your ability to accurately describe the quality of your billable time will allow you (or your firm) to craft timely, persuasive bills that stand the best chance of achieving every lawyer’s ultimate goal in every billable matter: a satisfied client who pays the bill promptly and in full. Your ability to accurately capture the quantity of your billable time directly affects the total amount of time you must spend working in order to meeting your billable time goals the greater your “capture” rate, the more time you can spend with your loved ones, on rest and relaxation, and pursuing your outside interests. For the lawyer who bills by the hour, meticulous timekeeping achieves multiple crucial goals. Of all the elements everyone has to work with, none is more precious than time.
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And how to you make sure clients understand the value of your services and pay for them, too? So, why aren't we all doing it? Capturing all of your time is just not as easy as it sounds.
Your Engagement Letter Communicates Payment Expectation.
Industry Leading Legal Software Products.How Software Can Help You Track Your Time.
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