According to an exhaustive study completed by software company Clio, 2.3 hours is the average. The study results, published by Lawyerist.com, assert that "on average, lawyers bill less than 30% of their time. And they only collect on about 20% of their time."
Interesting data. According to the study:
Hours billed—utilization rate—goes up quickly as the firm grows. For solos, it’s about 25%. In firms of 4–7 lawyers, it goes up to about 40%. Above 10 lawyers, the average utilization rate is about 50%.
So what are lawyers doing with that unbilled time? According to the survey Clio added to its report this year, about half of that time goes to administration. About a third of it goes to business development (marketing) activities.These numbers make sense to me. I may be doing better than 2.3 hours a day, but it still intrigues, surprises, frustrates me, how much of my time is consumed on tasks other than practicing law. Please click here to read the entire article.
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