Please enjoy this blog post co-authored by Purvi Sanghvi, Managing Director, Client Management, Paul Hastings LLP and Mitch Katzer, Data Analyst, Laurel.
Over the course of the next few months, Mitch Katzer and Purvi Sanghvi have teamed up to present a series of articles covering the business of law, the life of a billable hour, fee arrangements, and time hygiene. To lay the groundwork, this article centers around how firms are structured.
How Hours Transform to Dollars
In this edition of our Law Firm Business series, we will break down the process by which a billable hour of work is transformed into revenue paid by clients, detailing each ...