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Billable Hours Calculator for Lawyers

Harvest simplifies billable hours tracking for lawyers, ensuring precise billing with features like automated timers and customizable rates.

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What should you charge per hour?

Most freelancers and consultants dramatically undercharge. This calculator accounts for what most people miss: non-billable time, taxes, and overhead.

$
Accounting for vacation, holidays, sick days
60%
Most freelancers can bill 50-70% of their time. The rest goes to admin, marketing, proposals, and learning.
$
Software, insurance, equipment, accounting, taxes beyond income tax, etc.
Your break-even rate $0
Recommended rate (+20% buffer) $0
Billable hours per week 0h
Equivalent daily rate $0

Start tracking your billable hours

How this hourly rate calculator works

It works back from the income you need to the rate you must bill, accounting for the hours you can't bill.

  • Billable hours/year = working weeks × hours per week × billable %.
  • Break-even rate = (target income + business expenses) ÷ billable hours.
  • Recommended rate = break-even plus a 20% buffer for taxes, slow periods, and profit.

Raising your billable percentage or trimming expenses lowers the rate you need.

Billable Hours Calculator for Lawyers with Harvest

Discover how Harvest's billable hours calculator helps lawyers track time accurately, with automated tracking and customizable billing rates.

Harvest billable hours calculator interface for legal professionals.

Billable Hours Calculator for Lawyers FAQs

  • Lawyers track billable hours effectively by using tools like Harvest, which offers one-click timers and manual entry options. This ensures accurate capture of all billable time, reducing the common 20% inaccuracies found in manual tracking.

  • Yes, Harvest enables law firms to track both billable and non-billable hours. This feature provides clarity on time allocation, helping firms optimize their billing strategies and understand where time is spent.

  • Billing in tenths of an hour is crucial for legal professionals as it ensures precise billing increments, aligning with industry standards. Harvest supports this practice, allowing for detailed and accurate invoicing.

  • Harvest links billable hours directly to client invoicing, simplifying the billing process. This integration ensures all tracked time is accurately reflected in invoices, enhancing billing precision and client transparency.

  • Lawyers should consider using automated tracking tools like Harvest to reduce errors and improve accuracy. Regularly reviewing time logs and ensuring all team members are trained in the tool are also best practices.

  • Yes, Harvest offers customizable billing rates per project and person, allowing lawyers to tailor rates precisely to client agreements. This flexibility ensures accurate billing across different legal engagements.

  • Harvest improves law firm revenue by providing tools to analyze billable efficiency and calculating effective hourly rates. By optimizing time tracking and billing processes, firms can increase profitability.