Skip to main content

Syd & Melb Lawyers: Plexus presents new research The Agile Legal Function live in Oct. Get Tickets.

Maximising your real hourly rate post-pandemic

By Sam Burrett For Lawyers Weekly

22 September 2020

Originally published in Lawyers Weekly
View source

Too few lawyers actually take the time to calculate how much they’re earning per hour, writes Sam Burrett.

Most people think of lawyers as high-flying, high-income professionals. If you’re a lawyer, you’ve made it to the big time. But few people actually stop to calculate how much lawyers really make per hour. If they did, they’d be shocked at the results.

It’s not that lawyers don’t get paid well. In fact, lawyers earn almost double the median Australian salary. The problem is that being a lawyer costs much more time and money than people think. It is expensive to achieve and maintain the typical lawyer lifestyle.

On the flip side, this challenge presents an opportunity. By calculating your real hourly rate (i.e. what you make minus all the costs associated), you can take charge of your career and align your hard work with appropriate financial rewards.

Now is the time to do that. COVID-19 presents a unique opportunity for lawyers to decrease the costs and hours required to do their work.

Read the full article in Lawyers Weekly.

Liked this article? Plenty more where that came from. Head back to the news feed.

Digital Transformation

A General Counsel's guide to modernising their legal function.

Digi transform ebook

Increase productivity, reduce workloads and simplify your legal processes on a platform built for in-house teams.

Want to speak to someone instead?

Call us on 1300 983 907

Your Ebook is on its way to your inbox!

You can also download via the link below:

Download now

Thanks for reaching out.

One of our consultants will be in touch shortly.