What would job would you take? 1800 billable hour requirement (in practice closer to 1850/1875), below market pay with salary ranges from 200k for a junior to 300k for a senior or AmLaw firm on market 1950 billable expectation (uncertain what actual hours end up being)?

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I would take the market paying position*. While the 100-hour delta can be meaningful in terms of WLB, for me it wouldn’t be enough to make up for the salary compression at senior levels, especially when you include bonuses.

* the real question is how far above that 1950 associates are actually billing.

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Billable minimums don’t mean anything. The work drives how busy you actually are. If you’re slow, that’s also a bad sign. Don’t let 1800-hour below market firms fool you. Firms aren’t “lifestyle” because they’re nice. If they could get more work and work you to death they would. Go market

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