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Friday Wordle 328 3/6
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No. I still do drafting and prosecution. It’s not just strategy. In fact, some clients have made it explicit that they are hiring me to do the work—not the firm generally. I cannot always just pass work to someone else, and then review and file.
Everything is harder as a partner because I have a pretty high billing rate and there is a limit to what clients will spend. I have to be very efficient to maintain profitability but also have to handle reviewing others work, billing, firm issues, and client interfacing/development. Building a book of business is not easy. It takes a huge amount of time and effort, often with so so results.
I thought making partner would make my life easier. It did not. It’s substantially harder. The benefit is that I’m totally in charge of my life/schedule and work matters. It’s nice to not have a partner peering over your shoulder for everything you want to do. But it’s not easy. It’s a grind that I have accepted as reality.
Also, I don’t have a billable requirement per se. But I have target billable amounts still and need to meet those to get paid appropriately.
Yes. And it only gets harder as you get more senior and your rate increases.
I'm mid level at a boutique firm. Target is 1850, so about 155/month. My docket is full enough that it's doable (and I can do more)... It's just my attention/focus that stands in the way. If there is enough work, you can make hours. It just means you're jumping from case to case.
Exact same here. I have heard litigation can be easier to hit hours but way more unpredictable. If you have the work, pros can be very chill in terms of scheduling when to work but it's exhausting switching between matters and easy to lose focus
Yes. It gets even harder when you make partner.
Just strategy right? Not drafting
No, but I have a steady stream of work and I’m not necessarily focused on making partner (so I’m not too worried about my time being written off). A LOT of associates, especially early career associates, have trouble meeting their hours for a range of reasons. It’s not a phenomenon limited to patent pros.
The caveat being I have heard from a lot of people that it is hard to be a partner doing just patent pros, see other comments in this thread that corroborate.