Out of curiosity: how much time do you spend actually logging and tracking your billable hours every day?

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My firm tracks time entering time and it ends up being about 45 hours a year - so, like 15-20 min a day

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Like at most 5 minutes. I use the timers and the feature that has the box pop up when you stop/change a timer. Put in what I was working on and make any time adjustments that I need and then release at the end of the day.

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This is the way.

20 minutes as I scramble every Monday to get my time in before the cutoff.

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Would - rightly or wrongly - depend on your age a bit: at 20, people would go easier on you than at 45. It’s not going to be nothing - and every potential new employer will Google you - but it’s pretty minor in the scheme of infractions.

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What

likefunnysmart

People torture themselves with this because they get backed up but just run timers or scratch on greensheets (which is real time and costs nothing) and then type in entries first thing next morning over coffee when you still remember which is like 5 minutes a day.

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10-15 minutes a day

2 hours weekly

I do it immediately after any billable task and probably takes me 30 seconds per task. Depends on the number of tasks per day. I don't spell check or reread it. My secretary does that and if she has a question it's another min. Why wait?

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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?

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Tech implementation folks, what is your utilization target (hrs/week)? How many hours do you actually work per week (incl. admin/non-billable work)?

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Ok, maybe this has been done before, but I want to get a real life sense of the difference between EPLI and Private L&E (management side) practices. Let's do a poll:

1.) Primary source of business: EPLI or Private Companies?

2.) Number of matters you are currently working on

3.) Average billable rate (your year)

4.) Normal working hours/wk

5.) Percentages: Litigation vs Counseling

6.) Type of firm: ID, Big 4, Boutique, BigLaw, etc.

I'll kick things off in comments.

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Salary survey:

Base:
Years:
Number of attorneys:
Yearly billable requirements:
Bonus:

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

I’ve worked the last nine years for my state legislature as an attorney analyst, drafting and analyzing proposed legislation. I’ve primarily worked on health professional regulations. Next year, I will apply for student loans forgiveness under the public service program and would like a change. I know others who have gone into lobbying/government relations, but I would like to find other options to pursue. I’ve never done billable work so not sure if law firm life is for me. Any suggestions?

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15+ years experience in Forensic Accounting. What would be considered fair pay in the NYC area? Average yearly Billings was 2,500, however recently took over the building out of systems, training younger staff, more marketing in a set region; basically more non billable work.

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Has anyone transitioned from Tax to RM? Could you share your experience and pros/cons of the change? Really want to get out of client facing/billable work, but I like my firm. Thank you!

What are your current billable hours and salary? Is anyone actually on a good ratio with this - would love to hear

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Apps for keeping track of billable hours?

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When your firm requires billable hours, how are they calculated? Actual vs realized (I.e. what you put on your billing sheet vs what is billed to the client). Does your firm differentiate? Which number do they go by? My mind is somehow not comprehending how some big law hours are under my small firm requirement?

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What's a reasonable amount of billable hours for a first year? How do you adjust to not having much free time?

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A reminder to those who are stressed about your billable hours that your value is more than your pure productivity. To those stressed about relationships, relationships are hard even for non-lawyers, but you are absolutely worthy of love. It is an important reminder for all of us that you are worthy and you are valuable. Keep fighting!

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Does your company track billable hours? And is it actual billable or scheduled billable?

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Do you record your unbillable time? I have had conflicting responses. I have been told it's not good for efficiency calculations but others have told me if your still doing work let people know. For example, I get weird international stuff sometimes that not everyone gets (I think maybe? ) and I need to reread the 5471 rules or 8865 rules as I do the returns. I have been told not to bill for this but if I didn't have to spend time to do such things my billable hours would be higher

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what is the billable hours requirement for a senior tax manager at EY?

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How much admin/non billable time is good on a weekly timesheet? I try to limit it to 30 minutes a day...

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NEED A PROPER SUGGESTION / GUIDANCE

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How much does BCG / McK / tier 1 consulting firms pay its consultants on an expert track in Dubai office ?

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Ok, I’m in. What are the salaries of some of the jobs you guys are doing, and the daily demands (hours and typical time of day you need to be “online”)? Are we talking working 2 90k jobs or the second job is a $35k data entry side gig?

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I’m a recent grad trying to start a career in clinical trials but haven’t had any luck in the job hunt. Last year I started applying but couldn’t find anything in time and had to get a job in retail, so I feel as though that turns jobs away from me. Any tips?

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Just moved here from St. Louis. Looking for pals to ride bikes, eat at trendy restaurants, and perhaps indulge in cannabis edibles

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Hello,

I cleared all round at APISERO and received confirmation mail on 24th Dec,2021 communicating they will call for HR discussion in 8-10days. It's been 18days now and I tried to reach the SPOC but she isn't responding to the phone calls.

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likefunny

I got an offer from firm 1 before the memorial holiday and have been stalling because I am waiting for an offer from firm 2..
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likehelpful

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