Tag

billable utilization

3 insights

Two grids of 100 squares comparing the average lawyer's utilization rate of 37 percent against the 70 percent minimum the profession's own guidance sets for an effective firm.

The Average Lawyer Bills 2.9 Hours of an Eight-Hour Day

Utilization across law firms averages 37 percent against a 70 percent benchmark for an effective firm. It climbs with headcount, which tells you exactly what the constraint is.
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A grid of 100 squares with 66 filled in blue, showing that 66.4 percent of available consultant time is billable across 509 professional services organizations, the lowest level recorded.

Billable Utilization Hit a Record Low in the Same Year AI Use Rose Forty Percent

Across 509 professional services organizations, billable utilization fell to 66.4 percent, the lowest on record, while revenue growth improved and generative AI reached 27.1 percent of projects.
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Split bar showing 37 percent of professional services time is billable and 63 percent non-billable, with utilization rising from 66 percent to 75 percent and roughly $1.04M recoverable at a 30-person firm

Your Partners Bill 37% of Their Day. The Other 63% Is Where Your Margin Is Hiding.

Professional services firms bill about 37% of available time while roughly 14 non-billable hours a week per person quietly erode margin. Here is where the money hides and how to reclaim it without hiring.
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