Audit dept issued a year-round 50 hour minimum now. So basically if you have less than 50 billable hours assigned in a week, you're required to ask for more work. It's fucking summer. I'm done with this place
Does higher vault ranking (v10-30 compared to v80-100) open more doors for corporate in-house opportunities as a senior associate? If the chambers practice area rankings and expected billable hours are similar and they offer the same DPW pay scale, does it matter less? Is it better to stay at/lateral to a firm where you might be able last longer to learn the necessary skills? Any personal anecdote or advice would be appreciated. Thank you.
How is productivity measured for in-house attorneys? Is there any analog of billable hours for in-house lawyers?
What are good development goals for a junior associate (other than billable requirements)? My feedback convo is next week and the partner would like to discuss my goals for my second year.
Just received an email the other day giving all staff an OT requirement for June.. kind of hard to get that many billable hours in when none of the work is available 🙄
I started my first in-house role about 4 months ago and I don’t think it’s the right fit. I love the no billable hours aspect, but otherwise I miss the structure of being at a firm. How long do you think I should try to stick this out before I move on? I want to give the job a real shot - and i know the transition to in-house can be jarring…but I also don’t want to spend too much time in a job that is a wrong fit.
Partners or whomever can help me understand about billing and hours. To keep things simple, let’s say you only have one staff to work 1,700 billable hours a year on a $60k salary and you have only one job that and the rate charged to the client is $300/hour and an projected hours budget of 1,700 hours. So ideally you would have revenue of $510k. If the staff takes less time partners make less money and if they take more time partners make more money while the staff keeps the same salary?
Leaving a biglaw shop at end of the year. A client that I've worked with, and who has liked my work, reached out to me (a senior associate, copying all clients but copying no partners or other personnel from my firm) to ask if I could handle a new matter. They asked for a conflicts check and what my billable rate might be in the new year. I'm departing to a new, much smaller firm which will most likely have a much lower rate. How do you approach this? Alert the typical partners?
Should I be concerned? I found out that my billable rate is significantly less than my peers due to heavy client discount. Does this affect career growth at all?
Consultants at companies that use Teams- are any of you being provided a Teams User Activity Report on a regular basis? Curious if it’s helpful at all in tracking billable hours.
Is 180 billable hours per month a high “target” (to use the firm’s vernacular) or expectation?Although it may not be unreasonably high, I believe it is a high number and would at least appreciate someone at my firm acknowledging that. Perhaps I’m wrong and I’m sure you’ll tell me if so.
My manager closely monitors and criticizes my hours, even when I’m way over my billable target. I could work four 12-hour days in a row, and he’d still ask why I only put in 7.75 hours on a Friday. Or say that one hour of administrative tasks is too long and I should focus on my billable work. Any advice for how to deal with this? My peers at the company say their managers never do this
Been with Deloitte for about a year as a consultant and currently interviewing for a Business Integrity role at Meta. From what I understand, the business integrity role is an internal consulting role for them. I’d like to not have billable hours anymore and more of a WLB but not sure if there any key differences between the two besides that. There is a pay increase but not really concerned about that. Any thoughts on this transition if I am offered?
Do staff get any say in drawing boundaries for the sake of mental health? Context: Sr. Consultant up for promotion for second year in a row. My utilization is 140% plus non billable work. And I'm on the hook for delivery of 3 projects. A director who reports to the practice lead informed to my surprise that their team wants me to lead another project. I spoke to him, his managers twice and told him 3 times that I cannot commit to it. I get an email on Friday night that the engagement contd.
Associates - what is an effective way that you’ve been told to pick up your billable hours/meet your goals? Anything that really resonated with you? Have a few associates that are just not billing enough. I’ve had general discussions with each of them but not seeing improvement. Boutique firm and 1800 hour requirements.
I’m pretty sure colleagues at my firm are inflating their billable hours. Is this the norm? I suspect many of you will think this is obvious and/or that I’m naive but wtf? I find hitting 2200 is tough even with a good sized work load. Am I just expected to play the game? I don’t want to sound self-righteous but if most are lying just to make the requirement, then maybe the requirement should be lower.
Anyone else calculating billable hours needed for the rest of the month to hit utilization? 😅😭
Beyond 2 lines the text in each post card is cut off. I wonder how many lines in the comment section?
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Post for comments
Is there a place for Deloitte GPS people at BCG? Looking to make a move... NonMBA masters, several years of tech strategy experience, etc
I'm looking at back to back Staff years of being rated 5. Last year the bonus was 14%. What should I expect this year being promoted to Senior? Is there a promotion bonus?
As I prepared to file my notice, the partner of the firm called me and asked me to stay. They’re willing to promote me mid year in December and increase salary next year in August. The current offer I have gives 60% pay increase and Partner still can’t match that offer after promotion. Firm leadership says here I have potential to be a partner in 8 years and talk about all the leadership support I have rn which is fair. Is this one of their tactics to make me stay or should I just leave…
Just started with KPMG and really liking it. PML is great and the practice is small and growing. TC is 127,000 as an SA in DAS. I keeping looking at the numbers for SA’s at Strategy& or EYP and seeing 150-170. Am I wrong to try and interview?
I have trouble falling asleep every night. My performance has been decreasing due to poor sleep. No energy, motivation, excitement. I’ve tried tea, weed, melatonin. Any suggestions? I watch tv before going to sleep, but even when I don’t, still the same. So turning off, hasn’t helped either. On weekends I’m still exhausted since I tend to naturally wake up early.
Live picture of me sitting in on client calls knowing damn well the only reason I’m here is to take notes which won’t even be read afterwards.
I find that I'm slow at completing tasks because I get easily distracted or take time to think things through carefully. Because I'm insecure about this I often feel the need to eat hours. What to do?
Growth in salaries at the big 4 has exploded over the last year. Are we overpaid? Are we in a bubble that is going to pop?
No longer team Bryson
Any hi-fi audio / vinyl people here?
MBB/T2’s - are you interviewing full time candidates from undergrad in the fall this year? Or pushing to the spring?
Windows & balcony door open, Sinatra on the speakers, and homemade meatballs for lunch - working remote isn't that bad after all!
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