{"iri":"https://folio.openlegalstandard.org/RlicKF1VRKASGfpu8nDBIk","label":"Realization","sub_class_of":["https://folio.openlegalstandard.org/RDw3C0Q9SA9H8y85Zz4cMvz"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Measures the percentage of billed or invoiced work that is actually turned into revenue. It is calculated by dividing the actual revenue received by the potential revenue based on billable hours, helping firms assess the effectiveness of their billing and collection practices, as well as client payment behavior.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}