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

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

What do you do when you feel the goalpost has been/is being moved re: billable requirements? Like there's a spoken vs unspoken? I chose this job based on billables vs salary and what I'm being told I'm expected to do now is 20-30% (at least) > than what was initially agreed upon. Given my other life responsibilities, this is creating a huge strain & I feel like this is slowly getting harder & harder on my spouse & kids. I'm grateful to have lots of good work but not sure how to course correct.

I know some of my colleagues are recording their standard fees as time so that it counts towards their billable hours. It infuriates me but am I just being naive by not doing the same?

It’s hard to trust the partners/leadership when they want us to return to office as being better when we increase offshoring? Also, the pressure on billable hours when all that really matters is how much our fixed labor costs vs. how much we can bill (which is usually fixed fee or at least a range) and the fixed labor costs of offshoring is significantly cheaper so the hours don’t matter. Am I mistaken by this viewpoint?

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...

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

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

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.

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)

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.

Folks that got a prenup. How and where did you get it? We have spoken to a couple of lawyers and it simply seems to be a back and forth they want to do to rack up billable hours/complicate the issue. My SO and I pretty much know what we want. We are doing it mainly to protect my SOs inheritance. Looking for the simplest way to execute this. TIA for any advice.

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

I had one of those VERY nonproductive days today. I think I accomplished maybe an hour of billable work, even though I had a bunch of stuff to do. I just came off a 300 hour month, and unexpectedly got a continuance on a deadline on Wednesday, and it’s like all of my motivation leeched out of me at once.

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?

If you do billable work on a given PTO/vacation day, do you still count that day as vacation? Or do you get that vacation day "back"? Or do you only get the part that you billed "back"? (Or some other option.)

I currently work at a medium sized firm and have about two years experience in personal injury litigation. The billable hours and lack of work life balance are really getting to me and I am looking to switch to something else out of litigation, preferably in house. I am also looking to relocate to a different state. How do I go about properly marketing myself to companies that might not take my relocation and minimal experience seriously?

Any Deloitte people that can help with billable work for a BTA?

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

Curious to know what other firm's bonus structures are, particularly those with billable requirements of 1900 and below. Trying to understand what the norm is and figure out if associates at my firm are getting screwed. thanks

Hello All - I struggle with time management. I take medication but I have no idea whether a task will take 40 mins or 4 hours. Because of this, I over commit and under deliver. Also, having been on the receiving end of criticism, over time I have developed a perfectionist streak. I won't turn it in if it is good enough. How do you break out of this habit?

Any resources to help the brain structure tasks and make better estimates? Much appreciated, thanks!

Hi all,
I am currently working in infosys as Devops consultant with 4.4 exp and looking to switch company. Can anyone refer me in tcs ?

Hi guys how's work life balance in EY India in technology line? What is the average working hours during normal times and peak season? I would be really glad if someone can help me with this! Thanks!

What does a 30% travel requirement mean in a job description? How often do they expect the candidate to travel ?

Hey fishes, aside from the obvs candidates (fjord, Ideo, snook, deloitte digital, ey Parthenon, pwc consumer bit), who else is doing good work in the UX research/service design space? UK/Europe based.

Folks making more than £100K: How do you deal with the 60% effective tax rate on the 100-125K bracket? (HMRC gradually reduces your £12,750 personal tax-free allowance to £0.)

This is the first time it is happening to me. With one month to go until the end of the tax year, I'm thinking of making a one-off extra pension contribution next payroll.

Any other effective strategies with only one month to go?

Aside from LinkedIn, what are other sources to identify decision makers in large companies?

Hi fishes, I have an interview tomorrow with factset for Client Solution Advisor. Any tips for the questions they'll be asking? And if ajy of the factset employee can tell me the work we will do in this role will be good.

Today Pfizer announced that trials show that their vaccine is 100% effective for teens ages 12-15. Do you think most of our students will get it for next year?

If we have to undergo a surgery for a treatment, does SAP cover the cost for that?

Hi fishes, what would be the ideal “good” salary for a QA with python automation for 6.5 years of experience ?

Which portable standing desk converters do people have and recommend. I live in a tiny NYC apartment so use my dining table as the office during the day but need to put it away at night.

Been at a new job for a couple of months. Overall it’s been disappointing and I’m starting to feel anxiety for the future. I feel this way because I’ve just been working on one account I really don’t feel will create anything book worthy and I’m afraid that I will have nothing to show after a year. I’d been interviewing with this company for a while (off and on for 7 months+) and during that time made work I’m proud of and as of this past may, is award winning. (continued in comments)

To those at V25 firms, how do you view your London office in terms of the quality of work we get and overall importance to the firm? Like is there a perception of us being a step down or ancillary to the big leagues of NYC or not? There’s generally a perception here that L&W and K&E are the only US firms where London can even begin to compete with stateside in terms of generating l work organically but would be interesting to know what you all think? Be brutally honest.

I’m a second year associate and last night I was online until 2:30 AM waiting for one specialists comment to a purchase agreement. I had added all comments during the day from everyone else, and the midlevel and senior were online as well, but it seemed very strange to ask me to stay up just to add three sentences to a purchase agreement. Is this normal?

Question: do guys like glasses on women?

Resigned already 30 days back

Got 75% from accenture

Feeling like I should revoke resignation.

I am actually loving the people I am working with.

Not sure what is waiting for me in new company.

Will I regret leaving deloitte for accenture?

Hello fishes, recently I have received the job offers from Akamai & Nasdaq with kind of equivalent pay. I've an experience of 2.7 yrs in Java Backend. In Nasdaq, I feel the project is slightly on better side and also domain driven in comparison of Akamai. The only thing that is troubling me is 90 days notice policy in Nasdaq. Just want to check if it's a bad thing or would it still be worthy against the project & domain.

What big firms let you get to manager and above with an MBA and/or EA for tax?

Can anyone tell me if Marcum drug tests experienced hires?

So, how about those sch k2/k3 filings? Are we having fun yet?

For the one year of work experience requirement to get CPA license in CO, when did you qualify? Do they just do 1 year from DOH or do you need to have charged 1,800 hours of client work?

Hi all, i plan to stick with tax ( public acct) till senior and will apply for private role with a hope that i can start to do part time tax prep. Any thoughts or advice?

Hey guys I’m trying to figure out the market rate for a staff tax accounting position as I am new to the industry. I am looking in Long Island New York any help would be great. Looking to start at a mid sized firm.

If I didn’t have a wife and kids, I totally would’ve just quit and bought a cabin in Alaska and lived off of Busch light, Evan Williams, Ramen Noodles, and whatever I can hunt. Money ain’t worth this.

It’s hard to trust the partners/leadership when they want us to return to office as being better when we increase offshoring? Also, the pressure on billable hours when all that really matters is how much our fixed labor costs vs. how much we can bill (which is usually fixed fee or at least a range) and the fixed labor costs of offshoring is significantly cheaper so the hours don’t matter. Am I mistaken by this viewpoint?

List the college you went to. When you graduated. How much you pay monthly on student loans and when you think you will be done.

i’m at work literally stressed about $3.5k (spread across there states) and this is why i can’t stand state taxation.

how you gonna shut down a business license over $100?!

Anyone studying for EA or completed EA recently? If so, which materials are the best ?

Tax Senior here. I’m well liked around the office, I put in the hours and work hard, I haven’t had any dumpster fire projects, but I am a mediocre performer compared to my peers (not as strong project management, communication, not as confident). I just got told they’re firing me. Should I expect severance? Have other people been fired for similar? What did you do with your career?

What are the hallmarks of a poorly run tax practice, in your experience?

Hi Tax Fishes,

Anyone can refer me to Deloitte for A2 M&A Tax Role?

Many thanks in advance 👏🏻

Hey guys, what is the best responses for a late 1042 payment penalty notice?

How does someone get involved with writing articles for their PA firm or publications like Tax Notes? Interested in helping to collaborate on an article (no specific topic in mind) but really just to see what the process is like, but not sure how to get involved.

How do you appease the client when they call and ask when their tax returns are done and they want them done now but they are further down the queue of returns because they submitted their PBCs later than other clients who submitted their source docs on time?