What are some of everyones’s billable hours goals as well as the hours you actually bill in a year, typically?

likehelpful
Posting as :
works at
You are currently posting as works at

FY18:
- Billable hour goals = 0
- Billable hour actuals = 2130

No joke. This is where I’m at currently.

like

PwC is a bit of a sweat shop at the moment. Staffing issues have hit us hard.

80% chargeable per fiscal year. Does not include PTO or training

Related Posts

Do your firms have a billing code you use if you don’t get enough billable hours in the day? Like say you only billed 6 hours one day. What do I do about the other 2 hours?

like

Opinions welcomed:

V5 Legal Assistant here (2 years in industry, started at current firm in late April). I’m on pace for 2700 billable hours / year. To boot, that rate is going up because of all of the 65+ hour weeks lately, and the first month being billed around 40.

I was just told that I may not qualify for any bonuses because I haven’t been here for 1 year.

Is this normal? Am I crazy for thinking that I should be getting a *significant* bonus for all of the crazy hours and deadlines?

like

What are the expected billable hours/revenue/analytical requirements for staff at your firm?

like

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

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!

That moment when your "smart" plan to boost your hours this month by working the Labor Day weekend (thus turning down all the fun plans your friends made) becomes sitting on your hands & feeling dumb because all the partners are too busy to delegate anything. The worst kind of "off" day is one you planned to /wanted to work, but there's no billable work...

likefunny

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

Obligatory financial info post. 1) size of firm, 2) billable requirements, 3) salary, 4) bonus, 5) quality of life, 6) debt, and and 7) family/married/single. Go!

like

For small firms - What was your billable rate in 2015 and what is it today in 2022. Please provide your practice area too, if possible!

like

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.

like

So, I'm happy at my current job and have been there about 18 months. Our pay is probably 15% below market (AmLaw 100) but so are our billable requirements. An interview for another firm kind of fell into my lap, and I'm debating whether to take it just for the sake of seeing what market really is. Is there something shady about interviewing somewhere you're not totally committed to accepting an offer from?

like

Salary survey:

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

How many Firm (non-billable hours) a year do you commit, where do most of them go, and what’s your gender?

like

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

like

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.

like

16 weeks and so worried all of the stress I’m under is going to hurt the baby. Between work, my own scary (non-pregnancy) health stuff, the pandemic, my mom (who is a widow and lives alone, basically isolated by choice due to covid) is having health issues, and pressures to keep billable hours up, I’ve been having complete breakdowns. Today I spent almost the entire day crying and now have to make up the billable time this weekend. I really worry abt what effect this will have on the babe.

like

I know that it likely “depends” and varies from firm to firm but does anyone have any insight on (or experience with) whether firms rely on “total billable hours” or “total billable hours credit” to determine whether hours have been met/bonus applies?

like

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

like

Did the billable hours bonus not get paid out today? Or is it to be paid in the next check?

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?

like

More Posts

Which agency is pushing these Hiball energy drink notifications from Amazon? Its taken over my phone so many times in the last few weeks!

funny

Top reading recommendations for 2022? Looking for some new/diverse recommendations :)

like

Do women like to be bought items out of appreciation ?

like

Hi, any referrals for KPMG Orlando ?

Any ladies want to chat? 31/f

like

Aloha. Autoincorrect strikes again.

like

Any M up for a chat?

like

Has anyone tried Keto and experienced a improvement in ADD symptoms? I’m really trying to get off medication at some point. I’ve tried exercise, but need more. Thanks! :)

Has anyone here successfully exited to pharma after 1-2 YOE? Currently an SA at a small NYC market access firm with a wide range of projects under my belt for big pharma clients. I'm anticipating a promotion to AC perhaps this fall or winter, but I'm at a crossroads where I'm not sure if I want to continue consulting to the actual consultant level. Currently make $100k with a 10% bonus, would I even get a higher salary in industry at this stage? Also might be worth noting I have an MPH. Thanks!

like

Who else is staying off LinkedIn after the insane amount of layoff posts from people. It’s enough to make me depressed and worried. How is everyone doing today. Any advice on trying to stay positive?

like

1. Promotion and increment within the same company
OR
2. Switch to another company on same (before promotion) designation but with increased salary equal to the salary after promotion within the same company ( Refer to 1) 🤔

like

Hello fishes ! Could you please refer me any bowl to join for EXIM (import/Export) job opportunity? Or any platform One of my friend looking for a job change in EXIM.

like

Hey! So I’ve been working a concept to market photo/design to small brands. I rapidly designed this site and I would love some feedback. Gut reactions, what questions would you ask. What am I missing?
Http://thruxtonstudios.con

like

Going to Italy this summer with my husband and spending a few days in Florence and Rome. Does anyone have Marriott suggestions? I’m looking to use points

like

Who else has sent the ♥️ or 😂 emoji to your colleague / boss by mistake, then panicked while changing back to 👍

Post Photo
likefunny

best way to improve GRE score by ten points?

like

Hey fishes!

Can any one help me with how do we proceed with smart connect!
What domain name to be used and user id?
It is giving me error everytime I try.
Thank you

Does anyone know of any companies that have programming assessments as a barrier to entry? Would love to give it a shot as I’m a strong programmer but don’t have any formal schooling/experience

likehelpful

Has anyone experienced extreme bloating? Sometimes when I drink my protein shake, I feel extremely bloated. Sometimes when I go to a restaurant, I get bloated to the point I can’t even walk. I’m not sure if I’m overeating or something changed.
I mostly eat very clean and am fully vegan so don’t consume any animal products.
I don’t want to stop consuming food when I go out but am considering stopping protein shakes as they make me feel terrible

like

Additional Posts in Accounting

Can we start listing companies that allow full time WFH? My company is trying to force hybrid and I’d like to get a feel of what companies offer full time remote for auditors.

like

How do you all meet people? I work 60 or more hours a week and travel around 70% of the year. I'm not really a tinder type person, but I'm about desperate enough to try anything these days.

like

Have you successfully negotiated a raise in PA?

like

Is switching to a regional (6 offices) firm from big 4 a career step back? Looking to leave, lots of smaller firms interested but worry it’s a backwards move.

like

What are the rules about dating someone that works for your audit client?

likesmart

Thank you Jesus for blessing me with a passing REG score. You did it all! ❤️

likefunnyupliftingsmart

Can you use EY connect portal to book personal travel? Then pay Amex directly for cost? I know u need to allocate it to a code, maybe an internal code and call in internal travel? Found a good deal

like

Anyone have any Boston area firms they would recommend working at? Considering a change

like

Pursue manager promotion in core tax compliance or pursue transition to M&A tax but remain SA. I am a Macc CPA.

like

Senior on a new engagement with new hires as staff plus an off shore team. I get IMs and emails all day from every direction and it’s getting overwhelming. It’s to the point where I feel like I can’t leave my computer even for a few minutes. I can’t get anything done during the day and I’m not sure what to do. Any advice for a worn out senior? I’m delegating and taking extra time to coach the staff but I still feel like I gotta do everything myself.

like

Thinking of moving to pwc, what is the wealth builder? Like why dont they just use a traditional 401k? What are important facts about it?

like

What do your teams do to keep it light in the audit room so you aren't just sitting in silence all day?

like

What to say on compensation calls? They give u the numbers. You say ok. What else?

like

Turbotax or HR Block for taxes and why? First time filing without my parents. Nothing complex just taking the standard deduction

like

How do you leave on two weeks notice? What order to tell people (hr, managers/partners on impacted engagements, then others)?

like

What are your long term salary goals?

likesmart

Just got through my first year end review cycle. Employment is still intact even though I'm on a PIP so that is a huge relief considering what I've been reading here.

like

How long did it take you guys to get your CPA once you passed? I am in California and I started the process in October and they still haven't issued me my license.

like

Anybody been coached out this summer? I had a bad year, though my work was great and utilization high, I wasn’t “managing” the engagement well enough... so got held back. $0 raise, $0 bonus.

like

You know you’re a tax accountant if.....

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal