Want to get a sense check. Typical English firm salaries in London are about 70% Cravath (unless you're at one of the US firms that benchmarks to Cravath scale offices). 2PQE is around 165k USD + 30k bonus assuming 1800 billables. So comparing at a firm where you roughly bill 1900-2000 a year, you lose out, but if you bill 2200+, that's comparable?

Thinking aloud here - if you can find that 2000-billing firm, no sense staying in that payscale unless you have a shot at equity?

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British English is so weird

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A1 your lack of manners and critical interpretation skills is so weird

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Is the billables target for US Cravath scale law firms in London that much higher? I thought it was approx 1900 which is just a 100 hours more.

Less hours is not comparable, its better. Money made for the 10-15 hours on top of your normal 45-50 is worth less IMO because its more effort, and also, it is taxed more heavily. This is ofc if the hours expectation hold true. Long term career Ops have to be factored in as well, like you said.

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