You run a services business and your main product is your knowledge.

Time is money, and you are keen to charge an hourly rate that reflects your experience. But how much is your time worth?

When calculating your hourly charge out rate, you need to consider:
+ how much it will cost to run your business;
+ how much you will pay your employees;
+ what profit margin you hope to make; and
+ how much your competitors charge.

To assist you, LegalVision has created this free calculator. Simply plug in your regular expenses and profit targets to identify your ideal charge out rate.

Read our "How Much Is My Time Worth?" article in conjunction with downloading LegalVision’s free Hourly Rate Calculator.

If you need legal assistance with your new business, LegalVision’s experienced startup lawyers can assist. Just call 1300 544 755

About LegalVision

LegalVision is a market disruptor in the commercial legal services industry. Our innovative business model and custom-built technology assist our lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 150,000 businesses. The firm was awarded NewLaw Firm of the Year at the Australian Law Awards and named fastest growing law firm in the Asia-Pacific by the Financial Times.

Download Your Free Calculator