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Old 03-21-2008, 06:21 AM   #28 (permalink)
wmloz
 
Last Online: Today 10:14 PM
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Join Date: Feb 2004
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Quote:
Originally Posted by jberryhill View Post
...as if all of those 40 hours were either billed or billable... For every one hour of billed work, there is easily two hours that aren't billed. Imagine spending each day spending at least 10 to 20 minutes a day with 10 different people just conducting an initial conversation to try to figure out what their problem is. That's a couple of hours a day, by phone and email.



No insurance? Continuing legal ed requirements? Student loan payments?



That's at the big firms where associates have minimum annual billing quotas. I don't think you'll ever find a client of Steve's or mine that has been billed for even all of the actual time spent on their work.
Easy Tiger! I was defending you guys! The last bit was a joke! I consulted with you before (for free I might add), but as far as Steve goes, you're right, he does NOT charge the time he spends.

By the way John, you're the "seller's" rep and escrow agent on one of the deals Stevan is handling for me!

WmLoz
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