Arthur Thomson Lawyers operates in the local neighbourhood and has six solicitors who work on client briefs. For the coming year, each solicitor is budgeted to work 2400 billable hours. The main areas of law work that Arthur Thomson Lawyers specialises in are conveyancing, litigation and family law. The breakdown of the billable hours per area of law is as follows.

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Prepare a sales or fees budget for the coming year based on this information.

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Solicitors D Arthur J Thomson C Jackson G Whu T Sully O Wang Charge out rate to clients $300 per hour $1000 per hour $500 per hour $600 per hour $1200 per hour $1000 per hour Percentage of billable hours per area of law Family law Conveyancing 50% 100% Litigation 50% 100% 75% 100% 25% 100%