Metrics & KPIsCost per hour per laywer (in-house)
Definition
Cost per hour per in-house laywer. Multiply the number of your in-house lawyers by 1,850 chargeable hours per year. That number is reasonably well accepted as the number of hours in-house lawyers work in a year that they would bill if they were at a law firm. Divide the result into the inside budget of the law department. Typically, U.S. law departments' lawyers run at about $180 to $220 per hour when all costs are fully accounted for. <a href="http://www.law.com/jsp/ihc/PubArticleIHC.jsp
Tags
budget, cost, department