For drafting a stock purchase agreement for first few shots as a junior/mid level, how many billable hours spent are appropriate?

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I’m 9 years in and it still takes me the better part of two full days usually. Maybe I’m slow, but the initial cut of a purchase agreement is a slog.

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Depends how much work needs to be done to the form you’re starting with. Did the partner give you a sample they like? Do you need to make any changes to the transaction structure?

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Second the recommendation to use the drafting notes on Practical Law. It'll take you longer to draft but you'll produce a better work product.

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Ask the senior/partner

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Highest number of billable hours you have seen in a year?

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3.5 years out of school, 2400 billable hours last year in TRS and just got promoted. what kind of year end compensation should I be expecting? Bonus and new salary

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There is almost nowhere to find reliable bonus information on Canadian firms. I’ve heard of year end bonuses ranging from 10-50% this year (not including Covid bonuses). Let’s start a thread posting year of call, rough billable hours worked and bonus as a percent of salary.

5 year call. 1850 hours. 10%.

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How many billable hours do people in prosecution tend to average each month? I’ve gone through waves of feeling like my billable hours requirement is reasonable to feeling like I’m drowning and can’t possibly do it for that long.

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What are firm’s known billable requirements? Is there a ramp up period?

What’s your firm’s billable hours requirement? Name + whether pro bono (or anything else) counts please

Hi can someone give me an estimate of what a pediatric occupational therapist should be making in a city with a high cost of living. No benefits. Between 30 to 40 billable hours, documentation time unpaid etc. Independent contractor role. Practicing for over 5 years.

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Considering that cost of living has gone up significantly here, doesn't the market need some adjustment?

Is salary just a function of years of seniority?

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Anyone who understands the market willing to share their take?

Thanks!

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Millenials < Chewbacca

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My baby ❤️

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Working on some law firm applications tonight and it sucks that I know that I am so capable and have a strong work ethic but firms can’t see beyond grades or the fact that I didn’t go to a t14 law school or prestigious undergrad. I’ve worked twice as hard and feel like I’ve barely even gotten half as much. It’s discouraging sometimes especially because I worked so hard with pretty much no guidance (first gen, poc, low-income) to get into college and do well and then get into a t30 law school

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Thoughts on recording meetings. In Texas and have ADHD. I’ve been recording internal meetings for the past couple of weeks and my work product has improved exponentially. I’m able to go back and listen to the directions over again. In law school I had a note that gave me permission to do this. Is this taboo in a firm?

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Woo got an offer from an Amlaw200 firm!!

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It's super frustrating to be "time poor".

That's seemingly just the nature of working in Biglaw.

But every day you have the option to buy back your time.

How do you buy back time?

It's simple—by saving and investing.

And you don't need to be uber wealthy to regain control of your time.

Consider this…

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When they are mid or senior level?

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