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You will be banished to the gates of lawyer hell, where you’ll be awoken every 90 minutes by a demon that screams “plz fix”
Pls fix thx
Pro
You may not get a bonus. That’s it.
Big firms generally won’t fire you or push you out just for failing to hit the stated billable requirement tied to bonuses (probably smaller firms too if the target is tied to a bonus payout). Remember, you’re profitable to the firm if you hit that target exactly and don’t go over with them paying out the bonus. So there’s a band where you’re just as (if not more) profitable if you are under and don’t get the bonus. There’s also a investment in training up any new associate, so even if you fall a little below that band once, you’re not likely to face any adverse consequences (other than not getting your bonus and possibly not advancing a class year). If you’re consistently very low for multiple years, that’s another story.
Not sure if I wasn’t clear or response wasn’t directed at me, but I agree—firms are not going to push you out unless you go *significantly* below hours to the point of not being profitable, and then probably not for just one year. You’d have to be below the band in which you’re profitable without payout of the bonus for multiple years or there would have to be some other factor.
You’re at 1,500 hours as of April 1 or you’re projecting 1,500 based on your current monthly billing? I assume it’s the latter. It happens. You’ll probably get a talkin’ to. Raise it now and ask for more work. If they don’t have the work to keep you busy…not a good sign.
I started with the firm in July and as of March I have hit 1,500 hours
Pro
To add to Counsel 1, are you low and turning down work? That would be problematic. You should also ensure you’re capturing and billing all of your time. Many younger associates leave hundreds of hours on the table
Ask a colleague you trust? Every firm is different, it’s hard to say as general rule what can happen