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.
During the competitive rounds it is a real challenge for a team to get the proper alignments of Performance, Size, Ideal Age, Price and Reliability (MTBF). This is an added note. In the Performance segment Reliability, Mean Time before Failure (MTBF), is the most important customer buying criteria at 43%. The MTBF range is 22000-27000 hours. Do not go beyond the MTBF of 27000 hours. Any increase in hours beyond the maximum range is a waste of money.