CATEGORY OF EXPENSE |
PERCENTAGE
OF TOTAL EXPENSES |
| |
|
SALARIES: .................................................................
|
56
- 60% |
Associates Salaries (36 - 40%)
|
|
Legal Assistants, Law Clerks, Secretaries, Word Processing
and Other Non-Legal Staff (20%)
|
|
| BENEFITS: ................................................................. |
10 - 12% |
Payroll Taxes, Retirement Plan Expense, Group Health Insurance,
Life and Disability Insurance, Group Dental Insurance and Child
Care Center Expenses
|
|
| OCCUPANCY EXPENSES: ............................................. |
7 - 10% |
Rent, Personal Property Tax and Electricity
|
|
| OFFICE EXPENSES: ..................................................... |
5 - 8% |
Telephone, Postage, Stationary & Printing, Repairs &
Maintenance, Office Moving Expenses and Outside Storage
|
|
| PROFESSIONAL EXPENSES: .......................................... |
7 - 9% |
Legal Recruitment, Practice Development, Professional Development,
Meetings & Functions, Insurance, Subscriptions (Books &
Periodicals), Professional and Business Dues, Unbilled Disbursements
Written Off, Training Expenses, Travel Expenses and Contributions
|
|
|
TOTAL
OF SALARIES & BENEFITS for most medium and large firms = 66-72% |
