Most lawyers and law firms operate on billable hours when charging clients for services. When analyzed, billable hours, also known as billable time, allow clients and law firms the chance to measure ...

U.S. government contracts account for over $700 billion annually, a significant portion of which hinges on the ability of contractors to "establish and maintain an acceptable accounting system," which ...

Contracting with the government imposes requirements not ordinarily found in the commercial market. Government contractors must adhere to additional regulations and procedures in order to qualify for ...

To properly pay overtime-eligible employees, you have to know how many hours they have worked. Fair Labor Standards Act (FLSA) rules require employers to maintain and preserve records of “[h]ours ...

Markus Lutz is CTO and Founder of SiTime Corporation. He is a MEMS expert, a prolific entrepreneur and inventor who holds over 100 patents. If there is one thing that modern society has in common with ...

In modern times, clocks underpin everything people do, from work to school to sleep. Timekeeping is also the invisible structure that makes modern infrastructure work. It forms the foundation of the ...

Today, most people can check the time with a glance at a phone, watch, or computer screen. Precise timekeeping has become so routine that it's easy to forget how difficult it once was to measure the ...

For many of us, this is a part of the year when we are acutely aware of time and timekeeping, even more so than usual. Thanks in part to the changing of clocks I talked about in my last post, it gets ...