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Opportunity freelancers - What’s your goal for billable hours per week?

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As always, 70 hours per week for 4 months then 16 hours a week indefinitely...

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Im getting burnout and need to start turning stuff down but scared of the drought. Trying to figure out a reasonable amount of hours to bill that will keep my sanity but still allow for the cushion.

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Any insights into Epstein Becker and green billable hours and salary?

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About 6 months in as an associate in primarily commercial litigation. Have a feel for billable time on some matters, but certain types of motions or discovery requests I have almost no clue the “expected” time for something to be billed. Sometimes the partner will tell me an estimated time, but often they won’t. Is there a “cheat sheet” of sorts anyone has in terms of common billing times? Obviously no two are the same, but even just something to reference

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If you keep track of your non-billable time, how much detail do you put in your time entries?

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What are firm’s known billable requirements? Is there a ramp up period?

I just found out my billable rate, can I use this in negotiations for a higher salary? It’s almost 5 times my hourly rate.

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

Any Deloitte people that can help with billable work for a BTA?

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Does meeting your billable hour requirement ever get easier? Any tips or tricks for maximizing your billable time?

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What do you do to keep hours stable in corporate practice/ ECVC?
Just joined a new firm 3 months ago. Old firm had no billable requirements. 1950 bonus target and have been doing 140-150 each month. I don’t want to ask for too much work but also concerned not hitting hours… any tips?

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Looking at going to a smaller consulting firm for litigation valuation and forensic accounting. Salaried position. Can someone explain to me billable hours though and how that comes into play when you have a set yearly salary?

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I started at a litigation firm around 6 months ago. I took a pay cut for the position under the direction that the billable hours would be much less at this firm. As it has turned out this is not the case and if anything my hours have increased.

I plan on sticking it out six more months to total a year before I move on. Is one year enough time in a position to make a move?

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Did anyone not meet their billable hours requirement during their first year of employment? If so, how did your firm react? 😬

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Can someone explain utilization and realization to me? I just wrapped up my first week on an engagement (9/30 client) and am a first year at a national firm. I understand billable hours and the budget

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What is your min. billable hours a day your firm considers a full work day?

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Contemplating an offer to go in house. Will I have an opportunity to ask questions about WLB/hours (trying to leave billable hours and big law)? And tips on negotiating comp? Prepared to take a pay cut but don’t want to leave $$ on the table!

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How many years of FDD experience does A&M typically require? I’ve heard great things about their comp and seems like there’s so much more up side than b4 since bonuses are a % of billable hours. Anyone know what a typical A&M senior bonus was this year?

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I’m new to billable hours, I come from a litigation firm where we didn’t have any billing requirements. Now a few months in I’m being called out by my managing partner each month for not meeting the hours.
I set expectations that it will take me time to get the hang of things and I haven’t missed any deadlines reports or appearances. Additionally, my hours have been increasing month over month and last month I was only 5 hours under the minimum. I have only been here for 6 months. What to do?

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Thoughts on Kilpatrick Townsend Atlanta office? WFH options, office culture, sophistication of clients, billable requirements, etc. mid level, IP

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I went on an interview yesterday. To say it was disappointing would be an understatement. The partner that interviewed me was nice, but he did not understand transactional law. At my last firm, I was a hybrid between transactional tasks and litigation. When billable hours came up, he scoffed at my previous requirement and stated that his were at minimum 60% more. He told me about the “good ole days” when associates were expected to work 200 billable hours a month. He can’t find anyone.

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Any thoughts on family law as a practice area? Got offered 110k plus bonuses with low billable hours requirement. I'm in Los Angeles. Not sure if I should get into it as a practice area though as I hear conflicting things. Any thoughts would help. Thanks

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The analysis piece is ~30% until finished. I can easily wrap it up within 20 min via concentration. But I choose not to. You gave me time.

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I never understand when people go in-house at like 31... it's a dead-end

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Any recommendations for resume prep service/consultant? Need someone to do the bulk of the work.

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Additional Posts (overall)

Is the freelance pool all dried up? Or is it just me? 😂🥺

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My Cobra insurance runs out next month. Who’s found a personal plan they like? Feeling lost!

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Do any individual freelancers pay for a coworking membership/desk? If so, what do you use and how do you like it?

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Do you ever drop your rate when work is slow? I’ve always believed if you do this, you’ll never get back to where you were. Is there something in between? Availability based rate?

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I just took a full-time job after one full year of freelancing.
Full-time $$$ is less than half of what I made this past year.
Truly insane, but my book is a bit stale and I miss actually producing good stuff.

Goodbye friends, I will miss you (and the $$$).

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How much money would you have to be offered FT to stop freelancing?

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Do you generally bill for hours spent on prep work/outlining/scope? Was under the impression that was normal.

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When you were working hourly with a new client how often do you send invoices/ or check in on hours accumulated in order to avoid miscommunication?

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Freelance producers, do you discount your rate for production travels days? Recently heard of someone doing this and was curious is this was the norm and was expected. Thanks in advance.

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One of my freelance clients wants me to come on board full time. I only work with them 10 hours a week, so I’d need to figure out what a full time salary would be. I know how to convert salary to freelance, but not sure what to ask for here. I currently charge $250 / hour but realize I’m not going to be paid $450k a year.

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On the very short list of things I miss about full time…having a partner who appreciates my sense of humor. If I had a nickel for every time a recent fl partner has asked me if I was high…nope…just strange I guess 🤷🏻‍♀️.

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Solo 401k or SEP IRA?

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Has anyone freelanced for two companies under the same holding company at the same time? Is that an issue in terms of them finding out?

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Why do you freelance? How else can I maximize my freelance status? More $$, work whenever/as often as you like, remote work, pick preferred projects, work on multiple clients...more?

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I’m new to freelancing as I just graduated from college. One ad agency in NYC offered me the opportunity to freelance for them in their account department. What is a reasonable rate to charge?

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