Full Definition of SPILLAGE. 1. : the act or process of spilling. 2. : the quantity that spills: material lost or scattered by spilling.See spillage defined for English-language learners. See spillage defined for kids. ADVERTISEMENT.ull Definition of SPILLAGE. 1. : the act or process of spilling. 2. : the quantity that spills: material lost or scattered by spilling. See spillage defined for English-language learners. See spillage defined for kids. ADVERTISEMENT.
The billable-hour system is the way most lawyers in big firms charge clients, but it serves no one. Well, almost no one. It brings most equity partners in those firms great wealth. Law firm leaders call it a leveraged pyramid.
How To Hit Your Billable Hours And Still Have A Life. Law360, New York (September 24, 2014, 10:40 PM EDT) -- Law firms are increasingly measuring attorney performance by the number of hours billed to client matters, but lawyers shouldnât think the only way to meet their annual target is by permanently shackling themselves to their desks.