Seeing an increasing number of clients demanding fixed fee quotes. Will billable hours be a thing of the past? Interested to hear your views.

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Hasn't this conversation been happening for decades? It's like Texas turning blue.

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Fixed fees measure work to be done, billable hours measure provider opportunity cost. The latter is more provider favorable. Neither is right or wrong and they ebb and flow as power shifts per market forces. Right now it's a seller's market in legal services so no real pressure off billables but in a recession there would be.

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This is probably practice area dependant. Litigation is way too unpredictable for fixed fees, so I don't think firms are going to bend on that.

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As a litigator I don’t see how it would work. You can’t just set a flat fee at the onset of a case cause soooo many things will unfold and discovery and motion practice can make a case wayyyy more or way less work than anticipated

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As someone in litigation, I don’t see how this model is feasible or practical. I cannot reasonably anticipate how time consuming discovery will be at the outset of being assigned a matter. Nor can I reasonably anticipate what motions will need to be filed. Is this more feasible in a transactional setting? Probably.

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Are any other paralegals struggling with billable hour requirements? I have 5 years of experience in corporate transactions, M&A, and real estate work, and have never had billable hour requirements. I'm in a new job now where I do and I'm nowhere near meeting them. I'm getting a lot more admin work than billable work, and it's stressing me out.

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Does anyone know the starting salary for Jackson Lewis in the firm's Connecticut office, as well as the billable hours requirement?

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Billables are low this month. Like I have 65 billable hours in so far. I’ve messaged partners over the last week to try and get more cases but there are tons of new associates who were just onboarded and were at a low point for business. I’m freaking out

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How many billable hours per week is considered at capacity? I’m getting pushback on boundaries I’m setting about additional matters and marketing work from my firm when I’ve been billing 60-75 hours per week for the last 6 weeks, and I’m still behind on my work. I feel like it’s reasonable to not kill myself further to fit in more/turn things around faster at this point, but am I being unreasonable? I expect my workload to remain at this level through the end of the year at least.

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BONUS. What’s amount bonus do you get, and how often? Including bonus structure (ex for meeting billable hours), firm/boss randomly bonuses you, Christmas bonus, etc)

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Does industry have billable hours? At the big 4, we are required to work a certain number of hours each week and if we spend too much time on anything we are questioned on why it took so long. Is that a thing when you go in industry?

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Had 2 hours of billable work today 💀

likeupliftinghelpfulfunny

Explain to me like I’m 5. Why does the monthly billable hours goal on things like Intellistat change month to month. I’m not hitting hours this year. Last month goal was 158. This months goal is 180.

I'm a long time prosecutor getting into the ID game and billable hours. Are there any resources out there that can help me get more effective/efficient without spending months/years learning the hard way? Some days I'm at the office 10 hours, took virtually no breaks and yet only bill 7. 🤬

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Anyone else here have terrible utilization because their deals die and a code never opens? /can’t find another code to book hours? I’m sitting on over 200 billable hours at this point

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I am concerned with fulfilling billable hours requirement. I’m required to hit 2100 hours yearly and I’m at ~1,500 hours and I think I’ll hit 150-180hours this month. What will happen if I don’t hit my targeted amount by the end of my year.

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I heard so much about minimum billable hours here by staff. I never saw that email. Is it inly for certain groups?

Getting over heartbreak and having a full time job is torture lol. My boyfriend and I just broke up after almost a year of being together. It was such a beautiful relationship but ultimately he just didn’t love me. I love him so much. My mind knows that I deserve reciprocal love and I’m worthy, but I feel physically ill. My body hurts, my stomach is in knots, my head hurts. How is it that I have to mend a broken heart but also meet my billable hours lmao

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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?

Mental health is busy, looking for tips to help manage tasks, currently I supervise 12 therapists in 3 different departments that are all different with unique dynamics in each dept. I still carry a small caseload on top of this. I'm struggling with my patients and worry I am not giving them my best, I wax and wane between focusing on patients and therapists. Looking for advice navigating this type od conversation with my leadership, we have all been asked to work on increase billable time...

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My HR rep told me that to apply for your CPA license in MA you only need 1 year of work experience, not 2009 billable hours. Didn't sound right- can anyone confirm/deny?

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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.

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Any thoughts on Phillips Lytle? If you could please provide insight on culture/billable requirements? Thank you.

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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.

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Can you share first year salary for midsize firms? I'm in NJ, but curious to hear other markets. Also billable targets? Thanks!

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I have ADD and occasionally make small mistakes in my work, like leaving a word missing when editing sentences, small formatting errors or leaving an internal comment in drafts sent to clients. All partners have been very understanding and care about the quality of my work, and no client has ever complained. Partners and clients praise my work.

But now, one partner has become super mad and when I explained ADD, he said:

likefunny

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