Has anyone noticed that busy season is changing into a marathon, not a sprint? I’m working close to 60 billable hours/week year round, and 70+ Feb - April. Is this a bigger trend?
I’ve never worked at a firm, only public interest and have no idea how to do billable hours.
How do you get billable work? Are you constantly knocking on doors & hunting it down? Or are assignments generally given to you? Do you ever have periods of being unable to find any?
What happens if you don’t hit your billable hours? I am a first-year that had a very slow February and slow start to March. I’ve been reaching out to various teams for work but things seem slow now & I’m worried that I’m not going to hit my 1800 target.
At my new job, we’re told to get 8 billable hours of work a day on our timesheet. Even when I thought I had a lot to work on, the most I could get was 5 hours. I’m super stressed about getting in trouble, even though I have actively asked for more work. I was unemployed for 9 months during this pandemic and I now I’m super afraid of losing my job again. Is this a normal practice? Idk how I’ll ever consistently have that much work.
I’d be curious to hear about people’s chargeable/billable hours. What are your goals vs actual, best/worst years, etc. I’ve only ever worked at one regional firm so my knowledge is fairly narrow.
What are expected utilisation rates for entry level consultants? Been here 9 months and only done billable work for about 3 months of that. Bored out of my mind for the majority of my time here.
I’ll be short of RSM’s billable hours goal of 1600 by around 300 hours by the end of fiscal year end. How fucked am I?
Have a call on Friday with the CEO of an environmental entrepreneurship non-profit. It could lead to a professional opportunity and maybe even billable work I can refer to my firm down the line. I’m going in with an open mind but little concrete information on his entity and goals and ways I could get involved. What questions would you ask such a person?
I’m thankfully hitting my hours, but my firm keeps passing non-billable work my way. I am grateful for the opportunities, but this type of work always seems to find its way to the female associates at my firm. We have been told that non-billable work is irrelevant in terms of our annual hours. Any tips on how to navigate this in a thoughtful way? I want to be a team-player, but I believe that others need to step up to the plate.
I'm told I need to give more billable work to a new paralegal. This reduces my billable hours, which have recently started to slow down. I have no financial incentive to do so as I do not receive a portion of her billed work..Is it a common practice for an associate attorney to receive a portion of their paralegals billed work?
For anyone debating whether to go in house, I recently went in house, and the mental health benefit of not having to worry about billable hours is completely worth the switch. It's great not having to worry about catching up on hours when I'm out for a doctor's appointment, vacation, etc. It's more of a mental health relief than I guessed it would be.
Any diplomatic tips to get interns/juniors to work faster? Without having ever experienced the hectic nature of being in the office, ours seem to be working at a snail’s pace (3 billable hours to copy 4 blogs over to a different platform? With no SEO or image research? Dream on... 🐌) and considering it to be working under pressure. I’m not expecting the world from them and understand it’s a learning experience... but also want them to be working faster to be able to take more on. Unreasonable?
How to deal with not being staffed on deals and seeing others in your year be staffed? When asking partners directly for work, they refer you to the staffing partners. When asking staffing partners (repeatedly), they say “thanks for interest, we will have something soon.” Weeks and weeks pass by and you’re always below where you should be for billable hours (at this point, very far below). All reviews are essentially perfect and no negative feedback. Extremely frustrating and discouraging.
Consulting firms, how does your company use utilization as a performance metric? And what are your targets (e.g, Junior practitioners vs senior)
Can Bama just not win for once? Already annoyed that they’re in the CFP without a conference win.
Thoughts on the future of Zoom and Nio. Currently making a loss on these holdings. Hold/ Sell?
Anyone from S&O Finance (or know anyone) exit into Corp Strat? Really don't know how much longer I can stay here.
Hi folks - we're a small company just under 100 people almost evenly split between employees and consultants across North America and APAC. We're looking to implement a new HR system that we can start to leverage for onboarding, comp & benefits, payroll (pay slips/tax), reporting capabilities etc. Any recommendations? Thanks in advance! :)
Just found out my mother is dying from cancer and does not have much longer to live. I took a week of PTO to help my dad. I can’t afford to take leave and my family thinks I should continue working. Has anyone gone through the same? How did it impact you? I told my team and they’re supportive, but I’m at a loss about how this will impact me professionally.
Does a native New Yorker exist anymore? Bunch of rich kids moving into my city and neighborhood trying to change the culture. I welcome new people just not when you try claim something that’s not your
How do you spread your vacation days out over the course of the year? (Not interested in the gunners or lackies who don’t take any)
Divorce question: As part of divorce settlement, my ex owes me $50k in credit card debt. Their lawyer offered $0.50 on the dollar to settle by lump sum today. The debt owed to me is currently accruing 18% interest. Would you take it? Why or why not?
I have a VUL with cash value I've decided I no longer need the life insurance associated with this policy. Is there a way to get access to the cash value without owing taxes? If no, how will it be taxed and how to determine how much gain/tax? I paid maybe $20k into this policy many years ago. Since then it has increased in value and also paid the premiums from the cash value. Today it shows $70k cash value. TIA
FTW: W Hotel in Chicago gives free equinox access during visit. Now I only need time for the gym.
Hello, would anyone be willing to provide a referral for any of these companies? Health advances, Clear view, GE healthcare or Regeneron. Thank you. For reference the qualifications are 3 YOE and a master's in public health.
Walked into a mall in China. It has the same smell as the Sheraton lobby. I could feel tears building around my eyes...
What are things to consider (outside of compensation) when deciding to exit to a startup?
What is your 401k strategy? Do you use max matching from your org? Do you go above your org's matching limit to save more? Any other TAX SAVING tips on your pre-tax earnings?
Is it true that all PWC staff (including managing and strategy consulting) can be fully remote?
Can’t help but feel invisible in my current situation- I’ve been pursuing a transfer for over a year (within my same group) and even though I’ve repeatedly asked for help and pulled in directors and partners —I keep getting pawned off to different people. This has cost me a promotion this year although I’m a high performer and my pay is at the high end of my bracket. Meanwhile, white colleagues are getting promoted each year (unheard of). I am told that i’m getting paid well so to be ‘happy’
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