Billable Hours to Salary Ratio NYC

May leave my job for another and new job has a 2,000 hour billable requirement. What is a fair salary? (3+ yrs experience) any billable hour to salary ratios?

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In general you should shoot for total compensation (salary + bonus) around 1/3 of what you bring in for the company. That’s hard to estimate without knowing the billable rate.. but take 2,000 hours and multiply it by what you estimate their billable rate is (or standard in the area/industry) and divide that by 1/3 and that is a fair salary/salary + bonus compensation structure.

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Depends completely on the firm and the type of work. A fair salary is what market will pay. DM me.

2,000 hours billable requirements is more than mine and we are at the Cravath scale with an extra tier of bonus for people who actually bill 2000. (So if you billed 2000 you'd make double the standard bonus for your year, if you bill 1700 you get one bonus).

But we are in a bad market, so there is that too.

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