Lawyers R.Us operates in the local neighbourhood and had six solicitors who work on client brief. For the coming year, each solicitor is budgeted to work 1,600 billable hours. The main areas of law work that lawyers R Us specialises in are conveyancing, litigation, and family law. The breakdown of the billable hours per are a of law is as follows:

Required: Prepare sale of fees budget for the coming year based on the information provided

Charge out rate Percentage of billable hours per area of law Solicitors to clients Conveyancing Litigation Family law B. Byron $60 per hour 50% 50% W. Smith $1,000 per hour 100% Y. Dixon $500 per hour 100% C. Yang $900 per hour 75% 25% W. Wong $1,100 per hour 100% P. Pham $1,000 per hour 100%