Can someone explain utilization and realization to me? I just wrapped up my first week on an engagement (9/30 client) and am a first year at a national firm. I understand billable hours and the budget
Does meeting your billable hour requirement ever get easier? Any tips or tricks for maximizing your billable time?
About 6 months in as an associate in primarily commercial litigation. Have a feel for billable time on some matters, but certain types of motions or discovery requests I have almost no clue the “expected” time for something to be billed. Sometimes the partner will tell me an estimated time, but often they won’t. Is there a “cheat sheet” of sorts anyone has in terms of common billing times? Obviously no two are the same, but even just something to reference
Possibly a very stupid question but here it goes: just accepted a an exempt position. I’m supposed to be working 40 hours a week and 1650 billable hours a year. Obviously it’ll be more hours during busy season. My question is am I still required to work 40 during non busy season as long as I get my 1650 throughout the year? Is that different from firm to firm?
I just found out my billable rate, can I use this in negotiations for a higher salary? It’s almost 5 times my hourly rate.
Is it just me or the average billable work in infrastructure transactions has blown off steam in the last couple of weeks?
If you keep track of your non-billable time, how much detail do you put in your time entries?
Laughing in billable hours
Looking at going to a smaller consulting firm for litigation valuation and forensic accounting. Salaried position. Can someone explain to me billable hours though and how that comes into play when you have a set yearly salary?
Did anyone not meet their billable hours requirement during their first year of employment? If so, how did your firm react? 😬
Contemplating an offer to go in house. Will I have an opportunity to ask questions about WLB/hours (trying to leave billable hours and big law)? And tips on negotiating comp? Prepared to take a pay cut but don’t want to leave $$ on the table!
How many years of FDD experience does A&M typically require? I’ve heard great things about their comp and seems like there’s so much more up side than b4 since bonuses are a % of billable hours. Anyone know what a typical A&M senior bonus was this year?
I’m new to billable hours, I come from a litigation firm where we didn’t have any billing requirements. Now a few months in I’m being called out by my managing partner each month for not meeting the hours.
I set expectations that it will take me time to get the hang of things and I haven’t missed any deadlines reports or appearances. Additionally, my hours have been increasing month over month and last month I was only 5 hours under the minimum. I have only been here for 6 months. What to do?
Thoughts on Kilpatrick Townsend Atlanta office? WFH options, office culture, sophistication of clients, billable requirements, etc. mid level, IP
I went on an interview yesterday. To say it was disappointing would be an understatement. The partner that interviewed me was nice, but he did not understand transactional law. At my last firm, I was a hybrid between transactional tasks and litigation. When billable hours came up, he scoffed at my previous requirement and stated that his were at minimum 60% more. He told me about the “good ole days” when associates were expected to work 200 billable hours a month. He can’t find anyone.
Any thoughts on family law as a practice area? Got offered 110k plus bonuses with low billable hours requirement. I'm in Los Angeles. Not sure if I should get into it as a practice area though as I hear conflicting things. Any thoughts would help. Thanks
Is anyone paid a percentage of the billable hours they bring in from clients they bring in. My firm pays me as a “1099 eat what I kill” wonder if this is done anywhere else?
Additional Posts in Law
Is Robert Half a good place to work?
Recruiter told me that I’m a good fit for an agency but that they’re only looking for women. I’m a Hispanic guy. Should I still send them my book or find somewhere else?
For people who is currently working as a software engineer, what type of behavioral questions is being asked in interview? Can you give me some examples besides the normal ones like tell me about yourself/strength/weakness. I know questions varies on the type of positioning you interview for, which is why I asked particularly people who is working as a software engineer.
I just got a new capital one venture card. Without completely changing my spending habits; I’m looking for suggestions and tips to maximize my points.
Also: Once I actually get points what’s the best way to maximize them and make them go the furthest?
How do you overcome a failed retake? Emotionally and study wise? What changes do you make to make sure you pass on the 3rd try?
I got an offer to be on the advisory board for a company in exchange for equity, no cash pay. If I accept will I be violating my L1 visa guidelines? I will still need a clearance from Deloitte in terms of independence and that’s a whole different animal. TIA!
Trying so hard to manifest a new job into reality, but not manifesting fast enough and having one of those I feel stuck days. Woof.
Any advice for getting through last few weeks of pregnancy before mat leave? I’m a first time mom, 34 weeks pregnant and very much struggling to perform at the levels I am used to performing at. It feels like the expectation of my work is that I should be handling the same amount and I normally would (I.e. not pregnant). I work in a heavily male dominated group and I don’t want to be viewed as weak by asking for help or accommodations but I’m really struggling and not sure how to proceed
Shifting countries and going to be away from my partner for minimum 6 months. Any tips to make long distance easier?
Please also send loads of positive energy our way so we can tide through this!
Anyone going to get in on the Bezop ICO? Link below if interested.
Our district is in the middle of some tough negotiations and our union PR committee is tossing around idea of getting shirts to promote our teachers. Anyone out there have district mottos or T-shirta
Can a company clawback a sign on bonus from you, even if they place you on a 3 month unpaid leave of absence and you find another job during the unpaid leave? Seems like you could claim an invol
Has anyone been instructed by a superior to write an email, but before sending the email send it to their superior before they send it for real to the recipient?
A manager told me to write an email to a partner describing the extensions I prepared, but she wants to look at it before i actually send it to the partner.
I said I normally don't message the partner, unless there is no senior or manager on the job, but I can email the partner if she wants me to. (Cont'd)
Additional Posts (overall)
Small firm atty - have offer for large firm in totally new area of law. Lateral as a senior associate with 4-5 year partnership track. (I've practiced for almost 8 years). Billable goals are 1800. I already have a 3 week vacation planned/paid for next summer. Significant pay increase (60k+) but will lose the laid back, flexible nature of my current gig AND have to learn a new practice area. I don't NEED the money, but this would allow me to save more/pull the plug more quickly. Thoughts?
When a partner does something pretty simple for you (e.g. send a quick email to the Library team to give me access to a database, etc), should I bother to send a one-liner thank you response? Or is that just a hassle given the volume of emails they receive.
What's the most amount of background checks done on you in a 3 month period. I'm working on 5 so far.
What are our thoughts on inter-office flirtations between co-workers when one or both parties to the interaction are married/in a serious relationship?
Just an office crush, it’s harmless? Happens all the time that’s part of working together? You’re a bad person if you flirt with a co-worker you know isn’t single?
I have a new client who, I think, got bad legal advice from someone else she consulted with. From the information I have, there is no way she gets to the numbers I do. I work in a pretty small legal community. How do I address this delicately? My client is hung up on “but that’s not that X said” even though I’ve explained it multiple times and way. Any help would be greatly appreciated!
Are the reservations about 23andme legitimate? I got a test kit for my parents and they aren’t using the kit because of privacy concerns. Wondering if this is something to be worried about too or if my mom read this from someone’s uncle on Facebook…
Avg Comp for a 3-5 year associate? Location is St. Louis with billables ranging from 1800-2000 minimum - on pace to bill 2100. Fortune 100-500 clients, including local and small businesses, and large healthcare providers. I am mostly doing ID, general liability, and some med mal work. I am looking to get commercial lit and products exposure in the near future. 70 attorneys in the firm total.
Any suggestions for financial advisors in the Pittsburgh area who can address significant student loan debt? Or just advice in general?
I am a junior equity partner with no book of business (very small firm with no NEPs). Commercial and general litigation and employment law background. Work is down at my firm and I made less this past year than I did as a senior associate. I’m scared it won’t pick back up and my senior partners are close to retirement. Not super interested in doing the work to bring in a bunch of my own large clients (I have brought in a few for smaller matters). Besides in-house, what are my other options?
Dear litigators who go in house. Please don't ask your outside m&a counsel to stop block billing. Kind regards, someone who spent all day pivoting from task to task to put out your self-lit fires ahead of closing
Anyone at a big firm and not have a staffing coordinator/someone managing work flow in their group? I’ve been at my firm for a year and it’s been one of the biggest contributing factors to workflow issues imo, which is something that granted everyone has. It results in partners working with their faves, and as a junior, Im concerned I may not be getting a well rounded experience. I feel like this shouldn’t be all on me as a junior to be hunting work when partners know it’s an issue.
Is 4 times base salary in monthly collections a decent ratio? (i.e. $10k/m base salary and $40k billed and collected from client)
Am I wrong to start talking to recruiters after year 1? I’ve dealt with screaming senior attorneys over minor errors and being “thrown into the deep end” with very little guidance and then being scolded for not getting the desired result despite not being given real instructions. I make $120k/yr in NY with a 1900 requirement doing corporate/M&A. I feel like there has to be somewhere better.
Are you guys able to work with a slight buzz?
So other than money (which is obviously very important) what’s the incentive to make partner? Is it crazy that I just want to do my work and go home to my amazing family without the added pressure of running a business and managing others? I’m only a third year (in a new practice area) so maybe the thought of being competent enough to ever be a partner just seems unrealistic. 🤷🏼♀️
I’m a second year associate and all of my practice has been negotiating NDAs for private equity firms. Am I pigeon holing myself?
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