Most billable hours in a day (within 24 hours)? Mine has been 20 and I’ve hit that 2x this year.

I don’t work in big law, but some of my classmates,who are going into big law, are bragging about the low number of billable hours they are required to hit. I’m hearing 1,600-1,800 billable hours. Is this actually true? Are some firms paying Cravath and only requiring 1,600 for the year? I know it depends on the firm, but can anyone actually confirm this is their experience? If so, then I’m a little jealous 🙃

Bonus Structures:

Looking for a comparison to what other firms are offering and how this one stacks up. Ours is working out a brand new bonus structure:

Our general targets are 75% util. Billable or qualified non-billable time. Bonuses will be $1000 per quarter just meeting that. $25/ hr for every billable hour beyond that on top.

I moved cities and my company is giving me 12% decrease in my salary. My current salary is within my new cities range, and I am definitely not paid market rate to begin with…also for context I have always been a high performer, have many relevant certifications, and am involved with initiatives outside my billable work

I’m not interested in accepting a decrease this large. What happens if you don’t accept it? Do you see if they come back with something more reasonable or will they fire you?

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?

How many real hours does it take to reach 8-10 billable hours? First year associate here wondering what a 8-10 billable hour day would look like now that I’m seeing my workload ramp up slowly but surely.

Billable rate jumped 11% once our fiscal year began July 1…. Smells like a raise??

Honest discussion about burn out: it is with you for the long run.
I burnt out at my last job and the job before that and now I’m at a really good firm that has no set billable hours and a really manageable workload, but it’s still difficult to get any work done. It will take a long time to fully recover from burn out.

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

Tasked with improving our Consulting groups time reporting rules (non-billable and billable hours). Fellow consultants, any recommendations or thoughts on how to revamp business rules?

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?

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.

Obligatory financial info post. 1) size of firm, 2) billable requirements, 3) salary, 4) bonus, 5) quality of life, 6) debt, and and 7) family/married/single. Go!

I am a 10 yr lawyer. 7 yrs in my practice area. Little over a year at current firm. Still an associate. Im at large plaintiff firm w/ billable requirements. I do mass/class cases and hold a couple leadership positions (these were competitive to get). What should salary be and when should I make partner. I’ll add I work remote and pretty autonomously. Little contact with partners or anyone at my firm.

I started my first in-house role about 4 months ago and I don’t think it’s the right fit. I love the no billable hours aspect, but otherwise I miss the structure of being at a firm. How long do you think I should try to stick this out before I move on? I want to give the job a real shot - and i know the transition to in-house can be jarring…but I also don’t want to spend too much time in a job that is a wrong fit.

Thoughts on leaving law to become a contract manager? Small law experience. Billable hours driving me nuts. Is there growth potential in house from a contracts manager position?

Received a job offer. Was wondering if anyone had any thoughts on a concern I had about it. It's an entry level position, and I don't have much experience. The billables are 2040 a year. For billable hours in civil litigation and insurance defense, is 2040 hours for a 1st year associate on the high end in this field for a small or midsize firm? It seems like most attorneys I know have minimum requirements of around 1800. The compensation is around 80k a year.

M/23/Cleveland OH/50k with about 3 years of experience. Reaching a critical point of utilization (I'm at about 140 billable hours a month) and considering asking for a raise. What should I aim for?

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

Does anyone have experience working for a ALSP? How does compensation work (pay and benefits)? Are you an employee or technically an IC? Do you have billable requirements like at a firm? How do you think it prepared you to potentially move in house? I'm currently at a firm but thinking of taking a position with an ALSP but my goal is to go in house.

What does life look like for someone to hit 2300+ billable hours?

I’m a first year attorney at a small plaintiff’s firm. My firm has guaranteed me a $10k bonus at the end of 1 year without regard for my billable hours. They’ve also stated if I hit 2300 billable hours in my first year, they’ll add an additional $15k.

If my math checks out, that means I need to be billing ~45 hrs per week. But with only like 60% of my assignments being billable—how do I hit 2300+ and not die?

Planning SEA trip with SO for March ‘20. We have 10 days. Any recs on how to make the most of it. What countries to visit, things to do & places to stay? All recs welcome

How do you get out of work “ruts”? I’ve been in a work rut for going on 1.5 months now and I can’t seem to get out of it. I’m an account executive and luckily the business is still coming in and I’m staying busy, but I’ve just been feeling lazy…. I’ve let things fall through the cracks. I’m not working extra hours like I use to, or working with any sense of “urgency”. I use to jump out of bed every morning to go to work. This isn’t typical me…

What have you done to get out of work ruts?

What is your static friction when it comes to job change, i.e. what percentage salary bump would motivate to change job assuming the rest is similar.
I would not move my ass for 10% increase, i would think about it if it was 20%. Not sure what would be the exact threshold to jump :D

I want Thanksgiving back. Digging through data doesn't feel inspiring right now

Anyone feel super bored after working remotely for so long? I spend most of time working and i dont really have any friends especially after college. With end of the year approaching, work is getting lighter for me. I should be happy but somehow feeling depressed at home especially during the weekend.

Anyone know how much Databricks Solutions Architect pays for 3 YOE?

Do any of you find that your brand teams are trigger happy when it comes to doing workshops? I find that whenever someone isn’t sure about something, there’s any instant desire for a 1-2 day workshop that Strategy leads. I love workshops, but doing them constantly is horribly exhausting.

Any Boston based MBA students here? Wondering how much to expect for rent if I want to live in Central Square with one roommate.

I’m looking for some advice on how to transition out of audit. I’m interested in moving into more outsourced CFO/controller type roles. I don’t want to go straight industry. Any advice on a path? I’m currently at a top 50 firm without a strong advisory practice, so an internal transfer isn’t an option.

A am a Senior Associate up for promotion to manager this year in big4 accounting advisory. I haven’t given exit opportunities much thought til now, but I think its something good to have on my radar. What are exit opps and expected salaries for roles when leaving accounting advisory?

Wondering if EY year end numbers are out?
Current $ / New $ / Rating / Location / Practice

Fastest way to get fired?

What are your best shoot horror stories?

I’m sure this GSB rant happens every year but I genuinely don’t understand why they run their process the way they do…surely someone in that school can see that the way they treat their applicants is disrespectful.

“Change lives. Change organisations. Change the world.”? More like “change your application process” first.

I’m moving to Seattle from Chicago in next couple of months and want to buy a car. Is it better for me to wait and buy there or buy in Chicago and then have my relo package cover it for me? Just curious if I’d be missing out on big cost savings following one plan.

Roommate keeps going out everyday. Not sure why cause we didn’t really talk. But why!!!

Overall take on this bowl:

Will you immediately be going back to your gym the day it opens up?

I. Can’t. Take. This. Any. More.

So you guys think masks prevent Corona? Well I have a picture which says the opposite. See comments.

How is everyone with COVID-19 symptoms feeling today? I’m in week 3 and still fatigued and coughing, smell is back!

Stay safe out there anyone in the danger zones across America as we enter night time. It looks like the purge out there and my thoughts are with everyone to make it through the night safe!

What do you think the timeline would be for business travel as states are thinking to open up ? It worries that they open up and firms force to travel for projects.

Has anyone gotten a home equity line of credit during the pandemic? Banks are reluctant to be the second lender and my primary lender doesn’t do HELOCs. Thanks in advance.

So...what are your social media memorialisation settings? It’s been on my mind a lot lately with my health tanking. I can’t think of anyone I’d want to manage or have access to my social media accts.

I watched euphoria and now my heart is racing and I can’t sleep 😖