By understanding where team members excel or want to grow, you. Reviewing the performance of each employee in a legal firm depends on the number of hours worked as well as the number of hours they could charge for. There can be a daily requirement of billable hours for each employee, from senior partners to junior paralegals, that can help justify their salaries. To help you through the process for applying for forgiveness, you can purchase this proprietary Excel workbook developed by Kevin Cameron, CPA, of C&L Advisors, to help you navigate your forgiveness amount. The average employee is productive for only 2 hours and 23 minutes in an 8-hour workday. Each year, a lawyer is supposed to work a certain number of billable hours. When an owner enters into the “Forgiveness Phase”, it becomes even more complex, with the SBA having changed the rules here, as well. Small Business Administration has changed the rules many times. The loan application process was filled with “potholes” and uncertainty. of billable hours spent per non-billable hours (. The Paycheck Protection Program Loan provided a tremendous opportunity for small businesses to secure necessary funding to survive the challenges of the COVID-19 pandemic. The spreadsheet is also designed to be easily sorted so I can extract per-project hour information.
Each of these timesheet templates is available as a free download in Google Sheets, PDF format, as a Microsoft Word document or even as a Microsoft Excel file. Law firm owners are in a challenging time. Here are some examples of attorney timesheet templates that you can use to keep track of things easily. What is the PPP Loan Expense Tracker & Forgiveness Calculator? The daily time sheet template is the daily tracker for employees, students and individuals, which you may use.