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Tracking time and billing

Rees Morrison at Law Department Management reports that the NYC Law Department has started (over significant dissent) requiring its 650 attorneys to keep track of their time. The department has also started sending hypothetical bills to city agencies for the department's services.

So much for avoiding life in the sixth-of-an-hour zone by steering clear of firm employment.  I've always felt that keeping track of your time the way law firms require is pretty demeaning.  But I do think that letting agencies know how much time lawyers are spending on their complaints is a worthwhile task. Rees advises:

Every law department that does not charge back the fees and expenses of outside counsel retained to defend the company in litigation could consider this innovative technique. If you can estimate internal hours (and multiply them by your fully-loaded internal cost per lawyer hour), so much the better.

Posted by LaurenGelman on August 31, 2005 at 02:34 PM | Permalink | TrackBack (0)

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