Orion Law Management Orion Desktop Articles Reporting KPI - Billings Per Full-Time Equivalent Updated April 14, 2025 18:43 Billings Per Full Time Equivalent is calculated by dividing the gross amount of fee billings by Timekeeper Level by the number of full time equivalents in each category. Some firms look at this indicator in conjunction with the average overhead to identify underperforming Timekeeper groups, to ensure profitability is being achieved and to determine appropriate levels of compensation. Was this article helpful? Yes/No