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I think the billable hour system is completely outdated and broken. I have worked for years now without billable requirements and attorney morale and productivity is healthy.
I used to work (grind) for a big firm which required 2000 and paid me the same as I make now. They didn’t want me to take a week off when my son was born. I took paternity leave anyway, and lost those hours which I never got back. Billable hours means we never get a real vacation.
I’d like to think that those of us who are the newer generation of lawyers are willing to find a system less oppressive than billable requirements.
Yes please!
At a firm with a “no billable hour requirement” and it’s a joke. The end result is we kill ourselves more guessing at what will trigger a good black box bonus.
Give me a target so I can make an informed decision and know what I’m being evaluated on.
Having a low billable requirement >>>>> having no billable requirement.
There are firms that only have a 1700 hr billable requirement (and comp is only slightly lower than market). Some V5 firms don’t have a billable requirements but associates frequently bill 2600+ (some in the 3000 range). Be careful what you wish for...
I left to join a small firm (no billables) at the end of year 3 before reviews and got on partner track. Elevated to Shareholder about 2-ish years into the new firm due to generating book of business and good receivables/outcomes. I run the fee schedules for the firm, manage marketing, and work 9-5. I wfh every Friday as well so it’s basically 4.5 days. I generate about 20-30k per month in receivables.
As others have mentioned, it is much safer to look for a position at a firm with a low billable hour requirement than to look for something with no billable requirement. The exception would be something like an in-house position where you just need to get the work done that you are assigned but not track your time. I'm at a firm with a 1,750 hour requirement, which is about 35 hours per week assuming two full weeks of vacation/off time. Very doable, and I know that as long as I hit that benchmark, I am meeting expectations and will receive a bonus/continue to be on track for partnership. I would suggest figuring out how many hours you would be comfortable with and letting the recruiter know that you are only interested in positions with requirements at or below that number.
When I first started practice in white collar criminal defense everything was a flat fee. I never kept track of my hours and didn’t bill any of my time. But at the end of the year I had no metric to point to when negotiating my bonus and raise. And, in reality, I probably worked more than 2500 hours those years because I was on call 24/7.
Yup. My firm previously had no billable hour requirement and associates complained so much about it that they brought it back. Turns out people like the trackable metric.
I’m at a midsized firm in non-metro area. We have a 1650 billable requirement. I make less, but morale is good.