Question 20

Law firms keep track of billable time by requiring legal professionals to submit time slips, and usually require attorneys or paralegals to generate a minimum number of billable hours per year. The reason for requiring a minimum number of billable hours is

that only billable hours can be billed to the clients.

that the financial well-being of the firm depends on the number of billable hours generated by its employees.

to subject legal professionals to a significant amount of pressure.

to accurately bill clients.