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Legal Fees

Beware of Lawyer Math

Lawyers typically bill in 6-minute intervals (one-tenth of an hour). So, a lawyer with a $500.00 hourly rate bills $50.00 for 6 minutes of work.

Say a lawyer billing $500.00 per hour spends 6 minutes for a client on one day, consisting of four tasks, being a two-minute phone call, one minute reading an email, one minute leaving a voicemail message, and 2 minutes drafting a quick letter.  Six minutes. One-tenth of an hour. At $500.00 per hour, that’s $50.00. Right?  

Maybe.