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My current ctc is 13.8 lpa.Before scheduling L1 interview, HR told me for this role the maximum pay is between 13lpa and 5lpa.. I said ok.. and i have celared the interview as well. HR negotiation is pending. Now if i negotiate for a higher salary.. what will happen? Would they be able to go beyond 15lpa?Capgemini
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Jesus. That’s 12.8/hours/day excluding weekends and time for a two week vacation. I’m exhausted if I bill more than 7/day
I think there are a couple seniors/counsel/partners at my firm who hit this and working with them sucks. You can't ever say no to them (because you're never as slammed as they are/if youre not at 150%, you have capacity in their eyes) and they've gotten so used to being inefficient that its a guarantee whatever they ask is actually triple the amount of time it would be on any other case. If you get sucked in, other case teams start unstaffing you/staffing others in anticipation of you going missing. If the firm held these people out as examples I would maybe think less of my firm leadership
This!!!! I’ve been a litigation associate for 12 years and this is so true. These people are not efficient and bill a crazy amount of hours by requiring well beyond what is necessary to get the job done for the client. They often do a disservice to a client by racking up hours which could have been avoided through a thoughtful and earnest meet and confer effort.
My concerns are (a) whether the clients (corporate or individual person) on the other end are satisfied with how their cases have been or are being handled; and (b) the health (physical and mental) of the associate or partner doing the work.
I had a lawyer that I used at firm that rhymes with padden carps that annually billed around 3300.
True that.
Dude in my firm bills 3200-3300… for a 75-100k bonus
Ive maxed out at 2700 idk how these people do it honestly. Maybe a 200k bonus id do it 😂🤷♂️
Ahhh. My guy you're in south Florida that is awesome. Hopefully more firms open up a miami office. I would move there in a heartbeat if I didn't have to stick around in my area for family
I think I’m close to 26-2,700 this year. First year working as a lit associate too
Oof. You're obviously good and people are taking advantage of the low billing rate. Hang in there.
Chief
I don’t think it’s possible unless you’re in trial or doing M&A deals constantly so you have the ability to work late into the night all the time on projects that are seemingly endless, but also not always a heavy lift mentally. I spend a lot of time drafting contracts and I just can’t imagine doing that kind of focused work for more than like 7 hours a day.
To illustrate the boom&bust of litigation, I hit 2,650 one year (i.e., enough to get the max annual bonus and an "atta boy" pat on the back from the founding partner at that year's holiday party) then the next year, following settlement, I billed less than 600. There was more than month where I billed less than 10 hrs. But that wasn't the craziest thing about that experience, instead it was the fact that my annual bonus was only $20K less than the previous year - one of my friends called it the "Greatest F__ Year Ever by a NY Associate."
But those hours paled in comparison to the 3,503 I billed at a start up. I was brought in as the sole temp atty overseeing contracts and consistently worked until 12am-3am Mon-Fr + 8hrs/day Sat/Sun as the business rapidly grew (and was OK w/doing it because as a temp more hours = more pay). I converted into a permanent after year 1 but the hours remained the same for a few years until I got permanent in-house help.
I know someone who regularly bills over 3000. I can’t for the life of me understand why, personally.
I did 2900 in 9 months. I would have hit more but ended up with COVID and have to leave the firm three months down the line. I did win against the FANG twice in those nine months. Was the best time in my career. Wish I didn’t get that silly Covid infection…
Sometimes law is fun when you are in the zone. Also no one was exploiting me. We had no billable hour requirement.