Time Recording for Professionals - How to Maximise Billing & Optimise Efficiency

Introduction

Given that professional service businesses are buying and selling the time of their fee earners it is vital that full and accurate records are kept so that clients can be billed fairly and firms can maximise billings and optimise efficiency.

What You Will Learn

This webinar will cover the following:

• Why full and accurate time recording is essential for clients, fee earners and the firm
• The confusion between time recording and billing that leads to ‘double discounting’
• Best practice
• Disciplines required to capture all working time
• The difference between ‘matter related’ and ‘billable’ time
• Writing narratives that improve your chances of billing your time
• Recording time that is ‘outside of scope’
• Capturing small chunks of time
• Applying best practice to common problem areas

This webinar was recorded on 14th September 2021