How to deal with not being staffed on deals and seeing others in your year be staffed? When asking partners directly for work, they refer you to the staffing partners. When asking staffing partners (repeatedly), they say “thanks for interest, we will have something soon.” Weeks and weeks pass by and you’re always below where you should be for billable hours (at this point, very far below). All reviews are essentially perfect and no negative feedback. Extremely frustrating and discouraging.
There’s a practice group that I’ve been trying to find work in but whenever I volunteer to help, I always get roped in to do non billable work. In the beginning it was fine but now I’m feeling it’s never going to amount to actual work. Any tips to get more involved without all the non billables and how to approach this gently?
My current big law firm gives guaranteed bonuses in December but what happens if, before they’re paid out, I lateral to another big law firm that conditions bonuses on billable hours (that I obviously won’t meet)? (I plan to work through referrals so I won’t get any perks from recruiters.)
I have 700/2000 billable hours for the MA CPA requirement. How soon is too soon to start getting partner letters (worked at 2 other firms)? I foresee myself getting to 2000 by NOV/DEC 2020
If you are an associate assisting on a file, you get cc’d on all emails and take time to read them and stay up to date, however you aren’t actually replying to the emails or doing any billable work. But you need to stay in the loop for when you need to eventually draft a document and know the facts. How do you record your time for these emails?
Had no billable work and spent the entire day yesterday in bed. Today, I‘ve gotten enough work that I’ll be working the entire weekend. Why does it always happen that way 🤦🏽♀️
Why do the charge hour requirements increase as you move up in BDO. As a manager the admin work is overwhelming and you want me to have even more billable hours then when I was a senior. #impossible
At my new job, we’re told to get 8 billable hours of work a day on our timesheet. Even when I thought I had a lot to work on, the most I could get was 5 hours. I’m super stressed about getting in trouble, even though I have actively asked for more work. I was unemployed for 9 months during this pandemic and I now I’m super afraid of losing my job again. Is this a normal practice? Idk how I’ll ever consistently have that much work.
What are your average billable hours? Month / year? What type of practice are you in? Are you on the Cravath scale? What associate year?
Anyone have mandatory PTO during the holidays? Our leadership is making us use PTO days if we don't have billable work between Xmas & NYE. I don't even celebrate Xmas, kind of annoyed
My law firm gives me a report that breaks down the amount of billable hours collected compared to how much I’ve been paid on a monthly basis. Does anyone else’s firm do this? At what point do you think it’s acceptable to ask for a bonus/raise?
M/23/Cleveland OH/50k with about 3 years of experience. Reaching a critical point of utilization (I'm at about 140 billable hours a month) and considering asking for a raise. What should I aim for?
Billable time - I'm on a plane ride traveling for one client but working on the plane on a different client. Do you charge time to both clients for the time? If not which one do you charge?
Does anyone else feel anxious about recording billable hrs? This is my first agency job, and I feel anxiety/guilt if I took too long to complete something, not billable enough in a day, etc.
Does everyone here accurately track their weekly non billable hours? I only include BD and holidays/PTO when appropriate. Should I be tracking time spent on WBLs, company events, travel, etc?
Seeking some candid advice: I am relatively new to the legal community (roughly 1.5 years). I work in insurance and I first believed my frustrations/dissatisfaction involving my current role stemmed from my inability to effectively capture my time, especially when my 10-15 hour days (and long weekends) would produce minuscule results. After consulting with my external legal community, I turned my billable hours around (virtually overnight). (continues in comments)...
Anyone else have family members who don’t understand that I can’t take personal calls/texts all the time because I’m trying to meet my daily billable goal?
Can anyone relate to working from home and having children at home 24/7 due to mandatory virtual schooling? It seems as if my male colleagues do not understand why I can’t meet the billable hours each month. I haven’t had a paralegal or any admin assistance in 7 months. And one response I received today was “Can’t you just lock them out of your office.” No I can’t. And the firm is making 7k per month revenue off of me but wanting the double my billing.
How do people get flagged for layoff? Have good reviews but can’t seem to get a response on a project assignment. Is there a list you get on?
How is equity taxed as part of compensation taxes? Is it taxed at the strike price as it vests as normal income + capital gains when it’s exercised ? Or is it taxed when exercised at both simultaneously? If it’s the former, kinda sucks to pay significant taxes in cash for a non-cash acquisition.
Need some advice. I am super burnt out due to work, covid, etc. My firm offers a 3month internal rotation that is very popular - you keep full pay while having predictable hours & no client work. I’ve always been interested in it and the timing seems right. My main Partner is NOT supportive and says I should take medical leave instead or drop to part-time. He doesn’t have a project for me to work on but doesn’t want me doing anything else. Should I take the role at a risk to this relationship?
Lol tried buying Kin and price shot up between opening the trading portal and clicking “buy”. Still at a great price though!
Any idea what is the difficulty level of interview questions in Fractal? I am in early interview stages with Fractal. And can anybody help me eith the questions. Applied for Power BI role.
Any idea what a audit assistant does? I am shocked to see something graduate with a accounting degree get a audit assistance job at big 4.
Cut a corner too short in a garage and hit a post with my car and It’s about $3000 to fix and will take at least a week. I’m debating paying out of pocket or going through insurance for this. my deductible is $750. Geico gave me accident forgiveness so that means they won’t increase my rates right? I pay $100/ month for insurance right now. I also pay for rental reimbursement in my car insurance but I’m 24 so if I do end up needing a rental car would I have to pay the difference?
Does MBB administer case studies for lateral hires at the manager level? Currently at Big4 and being recruited for manager-level position at MBB.
Those who left from the big 4 to boutique consulting firms - what was your reason for leaving and do you regret it?
Do you share your salary with your parents and/or siblings? I did so recently (after what felt like being interrogated) and have massive regret. I can already feel the animosity from my brother.
On my first project as an associate and working remote. How common is it to not have that much to do? The workload is so up and down and I feel bad not doing much that I refresh my email every 2 min
Looking to exit strategy consulting into a more finance focused role. M&A consulting seems to a natural fit. Can anyone provide guidance on firms to target or overall way to go about this? Thanks
For H1B jobseekers: my transfer application was approved when filed within 60 days from severance rather than 60 days from termination date. Just my experience, may not work for all. Good luck to everyone job searching in such difficult times.
5 months pregnant and let go for "performance issues." Anyone have luck doing contract/seasonal work and getting the company to agree to an earlier end date? Due 2 weeks before tax day 🙃
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