Real-Life Math -- Solution
Start with the hourly fees:
25 senior partner
x $110 per hour = $2,750
20 junior partner x $85 = $1,700
20 associate
x $65 = $1,300
Total = $2,750 + $1,700 + $1,300
Total
= $5,750
Now, for the telephone consults:
11
x $25 = $275
And photocopies:
250
x $0.06 = $15
And we know that telephone expenses are
$410.
Now add all those subtotals:
$5,750 + $275
+ $15 + $410 = $6,450
Don't forget the tax:
$6,450
x 0.05 = $322.50
$6,450 + $322.50 = $6,772.50
The
grand total is $6,772.50.
Carol Wilson is the director of certification
at Legal Secretaries International. She says math skills aren't
crucial in the profession, since a computer will perform the basic math.
"An
ability to use something like Quicken and spreadsheets comes in real handy
-- but again, that's software," she says.