Timing a command’s execution in PowerShell

Is there a simple way to time the execution of a command in PowerShell, like the ‘time’ command in Linux?
I came up with this:

$s=Get-Date; .\do_something.ps1 ; $e=Get-Date; ($e - $s).TotalSeconds

But I would like something simpler like

time .\do_something.ps1

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