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Haha Skadden's billable requirement is a cool 1800. But as folks have pointed out, the minimum isn't really indicative of your actual workload
Enthusiast
Not in big law, but at a boutique lit shop run by former Latham partners that have a great reputation in my town. No billable hours requirement, but consistently billing 190-215per month. Was promised 120-160 per month. All that is to say, it’s not much better at boutiques either.
Subject Expert
Until this business stops making money by selling hours, no firm on earth will actually have a 120 hr per month limit.
Subject Expert
Latham in theory
Coach
That is what we were told for this year. In the past they may have had a lower threshold for first years (or at least given first years who hit 1,800 a bonus)
Coach
Quick poll. Which is more of a sham in biglaw: unlimited vacation or no/low billable hour requirement?
Market - I'm at a V15.
Subject Expert
They have all requirements that are lower than you’d think. Almost no one bills just those requirements.
Proskauer has no requirement. I billed 1950 this year plus 60 pro bono - so basically the same but not having to stress about an arbitrary number is nice. (fiscal year ends today).
Proskauer has an unwritten 1800 requirement. A friend billed below that and their bonus was withheld.
Milbank has no actual billables requirement.
Milbank has no billable target but the "100% utilization" mark is 2125 (or 2100, I forget). It is most definitely not my experience that anyone considers you "100% utilized" if you're at 42 hours/week.
You’re telling me that at these big law firms you can basically bill ten 180-hour months and then take two months off? Where do I sign up?
That was my first thought after I commented (“but wait, if there was enough work to reliably/consistently do that, then they wouldn’t have such a low hours req”). But still, surely they hit 240 hour months sometimes which basically gives them like 2 weeks off at some other point in the year
Mentor
A&P but it’s really 1800-2000
My firm is 2100 min so even 2000 sounds peachy
It is - source, me, an ex QE
Sullcrom has no hours requirement. Speaking from experience, though, you likely won’t be billing in the 1800s there.
Foley Hoag
Mintz
I work there too. It’s 1850 billable and 150 pro Bono, recruiting, training, approved biz dev hours
Haynes Boone
Market rates require market hours. If you want to work less and have some semblance of a life outside the office, it comes with a pay cut. Dems the breaks
Why would I go elsewhere when there are firms paying market at 1800 hours? That’s where I’m going
many firms don’t even have billable requirements but it doesn’t mean you get paid while not billing at all and all those firms do that because they know people who go there are not the type people who just sit there and try to bill as little as possible.
Norton Rose has 1/2 bonus at 1800 and full at 1900. Can use 50 “soft” hours in those totals. Diversity, pro bono, recruiting, etc.