What are the annual billable hours expectations for an associate in a Big4 international tax, M&A tax, or SALT group?

Any insight into Jackson Lewis NYC office? Compensation, billable hours, WLB? I would be a 2-3 year

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. 🤬

Can you get fired for having low utilization as a senior? My billable hours this busy season have been much lower than my peers.

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.

Trying to explain billable hrs to hubs. I billed 160 this month, which he said “is only 40 hr weeks” (true) - but how many hrs do you figure you “work” or are in the office to bill 150?

So I was a 5th year associate in nyc making 100 k a year 2k billable hours.. I decided to leave for the role Im in now.. my old countered to keep me at 115k (which was like pulling teeth for them) but I left anyways now I find out that they offered a 7th year 150 k and a partner title should I be offended that they didn’t even try more with me

How do firms give bonuses to associate attorneys? Quarterly, monthly, annually? What is a bonus based on? Money recieved, billable hours, etc?

I'm looking to set up a bonus structure for a new associate.

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

Looking to leave a govt job for a junior attorney role in a small workers comp defense firm. I have no experience in workers comp. How easy is it to learn the work and make 1850 billable hours? What future opportunities does this experience give?

I’ve been a freelance print production designer for many years, and usually on-site in the before times. Now I work remote, and am finding it uneasy dealing with billing. Before I always billed hourly, which made sense, but it’s becoming an issue now. Some companies don’t have a full days’ work, so it seems wrong to bill full days, and it allows me to juggle projects for different companies, but my billable hours are down. I know I should bill a daily rate, but not sure that will fly. Thoughts?

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

Does anyone have experience working for a ALSP? How does compensation work (pay and benefits)? Are you an employee or technically an IC? Do you have billable requirements like at a firm? How do you think it prepared you to potentially move in house? I'm currently at a firm but thinking of taking a position with an ALSP but my goal is to go in house.

Recently lateraled as a public defender in HCOL area to ID in LCOL area for $$$. I’ve been at the job a little over a month. My concerns are that I’m getting very little guidance or mentorship, and I’m worried about not hitting billable hours (2000 requirement but I am just over 80 for the first month). I am only in charge of a ~5 cases atm and struggle with figuring out the next steps, etc. I’ve met all my deadlines that have come up. Thoughts or advice?

What’s the best way to turn down a 2nd interview? During the 1st interview, I learned that the compensation for the role is not within the range that I am looking for and requires 400 more billable hours a year than what I bill now. I’d basically be laterally for my current salary just to bill 400 more hours. I also wasn’t aware that the local office was strictly ID. Firm website advertises lots of practice areas. Any advice? TIA!

3.5 years out of school, 2400 billable hours last year in TRS and just got promoted. what kind of year end compensation should I be expecting? Bonus and new salary

Does anyone have experience working for a ALSP? How does compensation work (pay and benefits)? Are you an employee or technically an IC? Do you have billable requirements like at a firm? How do you think it prepared you to potentially move in house? I'm currently at a firm but thinking of taking a position with an ALSP but my goal is to go in house.

I’ve practiced litigation in DC for about 5+ years at a larger plaintiffs’ firm, and am considering a switch to a defense firm. Is there any insight to how many billable hours this would require, and how much time that would actually be? For reference, the firm has a 1900 billable hour requirement and the partner said I would have “no problem” fulfilling that based on the work they have.

How many billable hours in a month does it take for you to think you are billing a lot?

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!

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?

Would you say it’s hard to become a manager at Big4? Is it more of a tenure thing or do you need to have a business case? Is there a lot of 4th year seniors at the firm?

At what age did you stop comparing yourself to others and became comfortable with your own path? I can’t stop comparing myself to others who come from more wealth, have more wealth, and are better looking than me. Also have a history of self loathing which doesn’t help.

Good morning from Charlotte! Have a GREAT day everyone.

I am considering paying for a coach of online service to aid in my interview prep for McKinsey. Specifically, I am looking at programs where I have access to others to practice with. Looking for opinions/thoughts/recommendations?

It is elementary that the development of a theory is based on completed and finished works or theories with a sufficient basis to be possible. But what were guys like Plato based on? He could only rely on what his mind told him. It must have been very difficult but at the same time, they were very brave in defending their ideas.

Trying to find the perfect quote to adorn my elementary school library wall. Ive already exhausted Dr. Seuss. Ideas, ready.......GO!

Hello,

I work in Accenture for Microsoft as an Incident Manager role. How can I secure a job in Microsoft directly and get a role with my current experience in Incident Management?

Open for suggestions 😊

I have 2 offers from Myntra (Associate-M1) and Coinswitch (Business finance analyst) at 1.5 YoE.
Myntra :15.5 base +1.5 joining + 7 stocks(4 years) + relocation
Coinswitch :15.5 base + 1.5(joining+retention) + 2 performance bonus paid yearly.
Which would be a better choice ?

Looking for a summer sublet from June till mid or end of August - ideally a furnished 1B1B - open for Manhattan and Brooklyn/Williamsburg; ideally between 2.8-3K per month

TIA!

Hi Folks,

I want to move into Deloitte Newzealand, applied a job opportunity through career portal, currently associated with Deloitte India.

Is internal transfer possible?

How is the AMEX account in IBM?

Hi all,

Does Bosch provides onsite opportunities in US??

Hold or sell NVDA?

Any one else tired of how major free agents in football effect fantasy football so immensely. I’m sick of poorly drafted teams winning after major free agent pickups.

Kindly requesting likes for this post to enable pvt chats

I’d rather not put a title behind my name, but if I were looking to attract the attention of recruiters on LinkedIn (legal and public accounting) would using “JD” or “Esq.” behind my name help my name pop up in a search?

For anyone who practices tax lit in the US Tax Court, what’s your experience with the independent office of appeals? They don’t seem quite that “independent” to me and so far, I’ve only had one appeals officer who seemed knowledgeable and nice. It’s been a real headache. Interested to hear other people’s experience.

I'm currently completing a tax LLM (as a foreign trained lawyer) but considering pursuing a JD. I'd like to do it part-time while working. Which firm/service line gives me the best chance to do both? Also, is part-time Big4 work even a thing?

Best DC law firms for tax controversy and litigation?

I’m currently in my fourth year with fed government and thinking of going private, but I have no interest in planning/transactional work

In your opinion, which biglaw firms have the best tax groups?

Has anyone had their Tax LLM paid for by the federal government? Or any thoughts on how to reduce the sticker price of a Tax LLM from NYU or Georgetown?

Well, I believe that being an adult with ADHD and being a Tax Lawyer is not the best combination - currently, I feel exhausted

Anyone here practice SALT? How does it differ from what “regular” tax associates do?

Any insight on whether IRS Chief Counsel is open to (or considering being open to) remote attorneys? I’ve seen SEC and other agencies willing to hire fully remote lawyers.

Junior biglaw tax associate here. Considering an internal transfer vs lateral to NYC from a smaller market. Any firms in the v20 I should avoid/look into? I have pretty reasonable hours at my current firm and trying to avoid going to a sweatshop. Interested in international tax and hoping to avoid m&a. Firms I’m considering: Latham, Gibson, Sidley, Goodwin, Milbank. Thank you all!

Anyone have any thoughts on a fair salary for a part time virtual tax prep-focused position? I’ve been made an offer for south of 800 hours/year (fluctuating for seasonal ebb and flow, of course), and I’m curious whether it’s a decent offer or not. I have 13 years of experience in a big box franchise where I’ve handled complex returns from day 1. 30% of my workload has been 1120/1120S/1065 and the rest higher-level 1040s and a few 1041s & 990s. I’ll be bringing 75-100 clients with me.

Any T&E associates in here who I could talk to? I’m a transactional tax associate at a v5 firm doing M&A and capital markets work and hating it. I’m a 4th year with an LLM and a clerkship and I think I regret not pursuing T&E or private wealth.

New associate starting in the tax group at a biglaw firm in NYC. Would really appreciate any advice on how to be most useful/get through the learning curve!

Just finished entering 70% of my time for October. Anybody else?

Hi all! I’m applying to NYU tax llm and I’m pretty confident I can get in,but it’s unlikely I’ll receive a scholarship. I’m working at a non big4 consulting firm for about 1.5yrs now, doing mainly international with some M&A exposure. I want to do llm because I still want to shoot for biglaw. I have a small kid so it’ll be hard to do the program part time. Should I quit my current job and enroll full time? Meaning lose 1yr salary and taking on a job security risk. TIA!

Has anyone dealt with stuffing allocation in a non-hedge fund context? It seems even in the HF world the law is fuzzy in using aggregate reverse 704c principles in stuffing allocations. Like, sure, the market is there but no authority really blessed it (other than some Cravath partner’s article in Tax Notes in 2013). If we are talking asset class that isn’t really like marketable securities but might be able to treat it similarly solely by virtue of, say, valuation on a quarterly basis (contd)

I'm considering switching my practice from tax to exec comp so that I can work remotely indefinitely. If I dislike it, do you think it would be difficult to switch back? I'm a 4th year that works in biglaw.

Can anyone advise - if I did not file taxes for 2019 and 2020 is there a way I can file without receiving a penalty? I just didn’t file them no great reason. Nothing complicated and I probably owe a few hundred each year in fed taxes. Nothing crazy.