Deck 7: Time keeping
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Deck 7: Time keeping
1
The time spent doing pro bono work is
A)noncreditable
B)creditable
C)billable
D)nonbillable
E)b and d only
201
A)noncreditable
B)creditable
C)billable
D)nonbillable
E)b and d only
201
E
2
Time sheets are not considered when forecasting income.
False
3
Lawyers and law clerks are the primary timekeepers for a law firm.
False
4
An annual billable hours requirement is
A)the number of billable hours a timekeeper is expected to bill in a year
B)the number of hours that is noncreditable
C)the number of bills sent to clients in a year
D)none of the above
E)all of the above
A)the number of billable hours a timekeeper is expected to bill in a year
B)the number of hours that is noncreditable
C)the number of bills sent to clients in a year
D)none of the above
E)all of the above
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5
What is the most commonly used minimum charge?
A)10 minutes
B)12 minutes
C)15 minutes
D)18 minutes
E)20 minutes
A)10 minutes
B)12 minutes
C)15 minutes
D)18 minutes
E)20 minutes
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6
Government offices use time records for budget proposals and management reports.
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7
Creditable nonbillable hours
A)illustrate the efforts of the timekeeper on the firm's behalf
B)are easily padded
C)are separated by client
D)are billed monthly
E)none of the above
A)illustrate the efforts of the timekeeper on the firm's behalf
B)are easily padded
C)are separated by client
D)are billed monthly
E)none of the above
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8
The average paralegal spends percent of the time on billable projects.
A)20
B)50
C)70
D)80
E)none of the above
A)20
B)50
C)70
D)80
E)none of the above
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9
Firms developed codes for timesheets for what purpose?
A)to help paralegals understand the law
B)to be used by attorneys only
C)to be used by legal administrators only
D)all of the above
E)none of the above
A)to help paralegals understand the law
B)to be used by attorneys only
C)to be used by legal administrators only
D)all of the above
E)none of the above
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10
Corporate legal departments use time records
A)to prepare a budget
B)for management reports
C)to bill clients
D)to recover attorneys' fees
E)all of the above
A)to prepare a budget
B)for management reports
C)to bill clients
D)to recover attorneys' fees
E)all of the above
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11
The time spent training a new employee is
A)billable noncreditable
B)billable creditable
C)nonbillable noncreditable
D)nonbillable creditable
E)none of the above
A)billable noncreditable
B)billable creditable
C)nonbillable noncreditable
D)nonbillable creditable
E)none of the above
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12
If a paralegal receives a personal telephone call
A)the time is documented as nonbillable creditable time
B)the paralegal must go off the clock
C)the time is deducted from the paralegal's bonus
D)the time is billable to the client
E)all of the above
A)the time is documented as nonbillable creditable time
B)the paralegal must go off the clock
C)the time is deducted from the paralegal's bonus
D)the time is billable to the client
E)all of the above
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13
Clients result in
A)accounts receivable
B)money
C)work in progress
D)marketing activities
E)none of the above
A)accounts receivable
B)money
C)work in progress
D)marketing activities
E)none of the above
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14
Paralegals should complete their time sheets
a.at the end of the day
b.at the end of the week
c.when a project is completed
d.at the end of the month
e.a and c only
a.at the end of the day
b.at the end of the week
c.when a project is completed
d.at the end of the month
e.a and c only
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15
The time a paralegal spends attending a seminar is
A)billable noncreditable
B)billable creditable
C)nonbillable noncreditable
D)nonbillable creditable
E)none of the above
A)billable noncreditable
B)billable creditable
C)nonbillable noncreditable
D)nonbillable creditable
E)none of the above
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16
Billable hours are
A)not applied to clients' matters
B)applied to clients' matters
C)not credited to a paralegal's quota
D)charged for legal research only
E)none of the above
A)not applied to clients' matters
B)applied to clients' matters
C)not credited to a paralegal's quota
D)charged for legal research only
E)none of the above
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17
Time records are used to
A)determine if an employee is productive
B)determine if a case is being neglected
C)establish flat fees on cases
D)determine if additional employees are needed
E)all of the above
A)determine if an employee is productive
B)determine if a case is being neglected
C)establish flat fees on cases
D)determine if additional employees are needed
E)all of the above
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18
Crediting time spent in educational activities encourages
A)employees to work overtime
B)employees to be more productive
C)unexcused absences
D)educational activities
E)none of the above
A)employees to work overtime
B)employees to be more productive
C)unexcused absences
D)educational activities
E)none of the above
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19
Paralegals are not required to bill as many hours as attorneys.
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20
Law firms use time records to project profitability.
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21
What are the two products law firms sell to their clients?
and .
and .
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22
Time sheets help law firms manage their resources.
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23
Time records are used to determine a case's settlement value.
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24
Time records are used to monitor the profitability of cases.
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25
What management report is used to determine a flat fee? .
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26
Most firms give attorneys an) allowance for creditable nonbillable hours than paralegals.
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27
Paralegals need not keep a record of their time because it is management's responsibility.
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28
The hours of a workday are placed in what two categories? and
.
.
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29
What is the most common method used by firms to calculate billable hours?
.
.
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30
is the vehicle by which firms deliver their product.
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31
What are the two types of nonbillable hours? and
.
.
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32
It is appropriate to estimate the amount of time spent on a case.
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33
Which manual timekeeping system is the most commonly used? .
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34
It is a paralegal's responsibility to make the decision to charge or not charge a client.
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35
The two methods of manual timekeeping are the method and the
method.
method.
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36
Time records are not used in contingency cases.
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37
Time records inform management of an attorney's caseload.
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38
The government uses time records for performance appraisals.
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39
Government legal offices do not use time sheets.
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40
Double billing is billing the client twice for the same work.
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41
The time spent in looking for a file should be documented as time.
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42
Why should a timekeeper keep a record of all creditable nonbillable time?
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43
When recording time,always record the amount of time.
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44
When describing telephone calls on the time sheet,include the and the .
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45
When developing to-do lists,place projects in number)categories.
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