Estimation question

Estimate the billable hours Harvey saves a mid-size law firm per year.

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What this question tests

Tests structured estimation: sizing time savings across common legal tasks for a defined firm size.

How to approach it

  1. Define the firm: assume a mid size firm with 100 attorneys, each billing roughly 2,000 hours a year.
  2. Identify the task categories Harvey speeds up: legal research, first draft generation, and document review, each with a different time savings rate.
  3. Estimate hours spent per attorney on these tasks today, assuming 30 percent of the 2,000 annual hours, or 600 hours, goes to research, drafting, and review combined.
  4. Apply an efficiency gain per category, assuming Harvey cuts that time by roughly 25 percent, saving 150 hours per attorney per year.
  5. Scale to the firm: 150 hours times 100 attorneys is 15,000 billable hours saved firm wide per year.
  6. State clearly that 2,000 annual hours, 30 percent task share, and 25 percent efficiency gain are assumptions you would confirm with real firm data.

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