I’m wondering whether and how other firms credit time spent by associates on business development for purposes of meeting the annual billable hours target. Is such time fully credited?

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Our time is not credited, but we have a nonbillable target too

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No. Just like for partners bus devel time is on top of billable time.

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Business development hours do not count toward the billable target at my firm. A decent amount of business development and marketing is expected and must be completed but there is no incentive to do so other than completing it (ie., doesn’t factor into billable hours or bonus eligibility/amount).

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Nope. Our time is not credited, not really even considered during review season. AM 100 firm.

Same

We get to count 75 hours of “non billable” activity (conferences, presentations, etc.) towards our yearly billable total, which is nice.

We get 60 hours of “associate training” and 60 for “marketing.” Both count towards billables.

That's very generous (and smart).

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It depends on the firm. I've worked for two AML 50 firms. One gave up to 100 hrs billable credit for biz dev and my current firm gives no credit at all.

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I heard so much about minimum billable hours here by staff. I never saw that email. Is it inly for certain groups?

Is it just me or the average billable work in infrastructure transactions has blown off steam in the last couple of weeks?

To the post below- it is quiet, so I’ll bite!
Does anyone know about associate compensation at the regional Atlantic Canada firms? The the big ones have all been posting job ads for associates in the 3-5 year range. Any insight on salary and billable targets?

Looking to leave a govt job for a junior attorney role in a small workers comp defense firm. I have no experience in workers comp. How easy is it to learn the work and make 1850 billable hours? What future opportunities does this experience give?

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Getting over heartbreak and having a full time job is torture lol. My boyfriend and I just broke up after almost a year of being together. It was such a beautiful relationship but ultimately he just didn’t love me. I love him so much. My mind knows that I deserve reciprocal love and I’m worthy, but I feel physically ill. My body hurts, my stomach is in knots, my head hurts. How is it that I have to mend a broken heart but also meet my billable hours lmao

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It’s hard to trust the partners/leadership when they want us to return to office as being better when we increase offshoring? Also, the pressure on billable hours when all that really matters is how much our fixed labor costs vs. how much we can bill (which is usually fixed fee or at least a range) and the fixed labor costs of offshoring is significantly cheaper so the hours don’t matter. Am I mistaken by this viewpoint?

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Does anyone run a business in addition to their firm? I’m a solo and I’m doing pretty well with about 60-70 billable hours a month. Though that leaves a lot of downtime. Curious if anyone has any second businesses that require about 20 hours a week. Not looking for passive income or franchise ideas though.

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I'm a long time prosecutor getting into the ID game and billable hours. Are there any resources out there that can help me get more effective/efficient without spending months/years learning the hard way? Some days I'm at the office 10 hours, took virtually no breaks and yet only bill 7. 🤬

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Recently lateraled as a public defender in HCOL area to ID in LCOL area for $$$. I’ve been at the job a little over a month. My concerns are that I’m getting very little guidance or mentorship, and I’m worried about not hitting billable hours (2000 requirement but I am just over 80 for the first month). I am only in charge of a ~5 cases atm and struggle with figuring out the next steps, etc. I’ve met all my deadlines that have come up. Thoughts or advice?

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How do firms give bonuses to associate attorneys? Quarterly, monthly, annually? What is a bonus based on? Money recieved, billable hours, etc?

I'm looking to set up a bonus structure for a new associate.

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How many billable hours per week is considered at capacity? I’m getting pushback on boundaries I’m setting about additional matters and marketing work from my firm when I’ve been billing 60-75 hours per week for the last 6 weeks, and I’m still behind on my work. I feel like it’s reasonable to not kill myself further to fit in more/turn things around faster at this point, but am I being unreasonable? I expect my workload to remain at this level through the end of the year at least.

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Have any of you taken "low bono" clients while working at a firm? I want to take on a low bono client or two but not sure who would get the money. This is a contract opportunity through a non profit so I'm assuming a 1099 will be issued. The per hour rate is significantly less than my billable rate. I would (obviously) like the money but my real objective is just getting experience/networking since I recently moved to a new state and don't have clients of my own.

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Did the billable hours bonus not get paid out today? Or is it to be paid in the next check?

I’ve been a freelance print production designer for many years, and usually on-site in the before times. Now I work remote, and am finding it uneasy dealing with billing. Before I always billed hourly, which made sense, but it’s becoming an issue now. Some companies don’t have a full days’ work, so it seems wrong to bill full days, and it allows me to juggle projects for different companies, but my billable hours are down. I know I should bill a daily rate, but not sure that will fly. Thoughts?

Any insight into Jackson Lewis NYC office? Compensation, billable hours, WLB? I would be a 2-3 year

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So who else here is experiencing plummeting billable hours and exponential weight gain since this whole WFH thing started? Bought snacks for 30 days, finished in 48 hours.

likefunnysmart
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What does bench life look like for you?
For me a typical day looks like this
9 am- sign in and check emails
930-11 : look for a new job
11-2 lunch and nap
2-3 : sometimes meetings, mostly begging people for billable work
3-4:30 - proposal work if I have it or more job hunting
5-9pm family time and dinner
10-3am - netflix, videogames, cry myself to sleep

likefunnyupliftinghelpfulsmart

Curious to know what other firm's bonus structures are, particularly those with billable requirements of 1900 and below. Trying to understand what the norm is and figure out if associates at my firm are getting screwed. thanks

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I’m a 9th year in a mostly litigation-based practice group at a one-tier partnership firm. My group’s billable hours have been low the last few years, so making partner will be nearly impossible, and a counsel position is not viable long-term in my group. What’s the best option here if partnership is the ultimate goal? Try to get a NEP/counsel position at another firm, which is likely difficult in my market, or offer to take a class cut by a few years?

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Do we have Cab facility for NatWest Bangalore??

HI Fishes,

Sent documents after I got a select mail from HR on last Thursday. When can I expect offer letter?. Verbally HR confirmed that joining date will be in last week of Dec . Is it fingers crossed for me? or will I get the offer for sure? Much needed for me now at this point of time. Any insights from previous experience would help me stay sharp

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Hello Fishes,

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What kind of bonuses do EY, Deloitte and GT guys working in M&A Corporate Finance make in UK? I’ve got offers from the three - a mix of AM and M levels and would appreciate any insights. Thanks.Grant Thornton EY Deloitte

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