Definition:
Timekeeper rates are the hourly rates your firm has agreed with your client for each person who bills time on their work. These rates appear on the itemized invoices you submit through Brightflag.
Who Are Timekeepers?
Timekeepers are the individuals whose time is billed to the client, such as:
Partners
Associates
Paralegals
Each timekeeper has their own rate, based on their role, experience, and your agreement with the client.
Why Timekeeper Rates Matter?
Submitting accurate timekeeper rates helps to:
Keep invoices in line with agreed billing terms
Avoid invoice rejections
Ensure payments are processed correctly
đ Some clients require timekeeper rates to be submitted and approved before you can invoice.