My firm has a collections budget (80% of your billable rate x 1850 hours) and an hourly budget that must be met in order to be eligible for a bonus. The firm cares very little about originations and will reward someone for making their collections over someone who brings in new work. I missed my collection budget due to some odd timing with a client, but originated more than all my peers so no bonus for me. I’ve been at this same mid level firm for 9 years and it’s all I know. Is this normal??

How many billable hours do you normally hit in a month? And compared to this summer?

How is productivity measured for in-house attorneys? Is there any analog of billable hours for in-house lawyers?

Audit dept issued a year-round 50 hour minimum now. So basically if you have less than 50 billable hours assigned in a week, you're required to ask for more work. It's fucking summer. I'm done with this place

What are good development goals for a junior associate (other than billable requirements)? My feedback convo is next week and the partner would like to discuss my goals for my second year.

Just received an email the other day giving all staff an OT requirement for June.. kind of hard to get that many billable hours in when none of the work is available 🙄

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.

Leaving a biglaw shop at end of the year. A client that I've worked with, and who has liked my work, reached out to me (a senior associate, copying all clients but copying no partners or other personnel from my firm) to ask if I could handle a new matter. They asked for a conflicts check and what my billable rate might be in the new year. I'm departing to a new, much smaller firm which will most likely have a much lower rate. How do you approach this? Alert the typical partners?

Using an overhead job number for non-billable hours: good or bad?

Do you think accepting a dream job offer with the annual 2000+ billable hours requirement and raising 2 little kids (4 and 6) is doable? Boyfriend works full time (with trips) but helps out. (Cont.)

Is 180 billable hours per month a high “target” (to use the firm’s vernacular) or expectation?Although it may not be unreasonably high, I believe it is a high number and would at least appreciate someone at my firm acknowledging that. Perhaps I’m wrong and I’m sure you’ll tell me if so.

Partners or whomever can help me understand about billing and hours. To keep things simple, let’s say you only have one staff to work 1,700 billable hours a year on a $60k salary and you have only one job that and the rate charged to the client is $300/hour and an projected hours budget of 1,700 hours. So ideally you would have revenue of $510k. If the staff takes less time partners make less money and if they take more time partners make more money while the staff keeps the same salary?

What are your average billable hours? Month / year? What type of practice are you in? Are you on the Cravath scale? What associate year?

Does anyone have a document with example narratives for billing a client?? I’m looking for something to adapt and that I could use frequently in an estate planning practice. On that, I’m completely new to billable hours and coming from an in house role, so I’m trying to do anything I can to help my end goal.

My manager closely monitors and criticizes my hours, even when I’m way over my billable target. I could work four 12-hour days in a row, and he’d still ask why I only put in 7.75 hours on a Friday. Or say that one hour of administrative tasks is too long and I should focus on my billable work. Any advice for how to deal with this? My peers at the company say their managers never do this

Public Accounting: where BS billable work takes longer than expected. #Pacman

Been with Deloitte for about a year as a consultant and currently interviewing for a Business Integrity role at Meta. From what I understand, the business integrity role is an internal consulting role for them. I’d like to not have billable hours anymore and more of a WLB but not sure if there any key differences between the two besides that. There is a pay increase but not really concerned about that. Any thoughts on this transition if I am offered?

Do staff get any say in drawing boundaries for the sake of mental health? Context: Sr. Consultant up for promotion for second year in a row. My utilization is 140% plus non billable work. And I'm on the hook for delivery of 3 projects. A director who reports to the practice lead informed to my surprise that their team wants me to lead another project. I spoke to him, his managers twice and told him 3 times that I cannot commit to it. I get an email on Friday night that the engagement contd.

Can a hiring firm verify your prior billable hours?

Associates - what is an effective way that you’ve been told to pick up your billable hours/meet your goals? Anything that really resonated with you? Have a few associates that are just not billing enough. I’ve had general discussions with each of them but not seeing improvement. Boutique firm and 1800 hour requirements.

Yeah you're right. It cuts after two lines instead of expanding.

Where is a new build???

Post for likes! 😤

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But once again not posting

How great would office emojis be in this app?

Testing a new post at 12:06PT 5.12

Beyond 2 lines the text in each post card is cut off. I wonder how many lines in the comment section?

EY is by no means perfect but the way they are handling the virus situation so far is admirable. The situation will continue to evolve and change things but hats off to the best Big 4 👏🏽

Has anyone been put on a PIP and successfully gotten through it? Seeking advice & support on how to navigate this. Please no jokes or jabs.

Anyone know any good resources for learning to recruit out of consulting? So much info online about getting into consulting, not much about finding the best exit ops

Anyone have experience doing strategy consulting in Europe? How does work/life balance compare to working in the US? I love my job but want more of a 60 hour work week instead of 70-80 hours...

I am a 26 male wanting to switch careers entirely - going down to a base of around 50K. One fear I have is that I won’t be able to find an SO and be able to settle down in the next 5 years due to my salary decrease. I know my self-worth isn’t dictated by my job or salary but not everyone shares that opinion, even those that are good people. Thoughts?

Can someone explain this sense of entitlement by the younger generation? When I hear the younger gen complaining that they aren't getting paid enough when they start at 70k which is more than some experienced hires.....I just don't understand.

How many billable hours do you normally hit in a month? And compared to this summer?

My partner’s style has two settings - not managing or micromanaging. On top of that he handles stress poorly and can be quite petty / spiteful. Any advice? Known him for years

KPMG cell phone policy - do you get reimbursed? Perks?

I can’t grow grass in my yard for the life of me and it makes me feel so incompetent as a consultant

Feeling super discouraged. I’m pretty average IQ wise, but I’ve always been able to get ahead by working harder/longer than others. (e.g. I raised my ACT score for 29 to 35 by taking 30+ practice tests, and got into MBB on my second try by doing 50+ mock interviews.) But now that I’m at MBB I feel like working hard isn’t enough. I feel like to succeed here you have to be lightning fast at picking stuff up and executing tasks, and that’s just not me.

Lady 🐠 looking for tips to prevent hair loss. Currently losing a lot of hair on my crown and I think stressing out about it is making me lose more hair 😭😭 Hair transplant an option?