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Reply to "1950 billable hours req - manageable with kids?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. Is 1950 about average for billable requirements or is that on the low side?[/quote] About average. At my firm, it is a real requirement, not a floor. You would be in good standing and able to progress if you hit that number. But we also didn't have a culture of padding bills which is very prevalent and how many people bill 2400+ hours/year. To hit 1950 in my practice area required me to work a lot, including about 50% of weekends. Combined with the non-billable requirements, I am very suspect that anyone really bills very high hours. [/quote] Right. An honest 1950 is a lot of 60 hr. weeks including weekends. [/quote] What you're describing is a 62% realization rate. That's terribly inefficient. While I am skeptical of New York lawyers that are billing more than 90% of the time they are in the office, there is no reason non-billable work needs to be more than a third of your time. Even if you bill only 75% of your time (which you can certainly do honestly), 60 hours a week for a full calendar year is 2400 hours.[/quote] I didn't say it was 60/wk. every week for a calendar year, I said it was a lot of 60 hr. weeks. That's the reality that I've seen for many years in many different situations. I don't do this, but many do. Not to mention that 1950 seems on the low end. If it was that easy I wouldn't see hordes of people swarming to get out of BigLaw (which I do).[/quote] +1. You also can only bill when you have work to do and the work flow isn't always steady. I've had months where the first week there's no billable work to do and then a few deals come in and it's crazy for the rest of the month. You still have to put in face time that first week because when it's slow you start worrying about not making hours so you need to be available to get work when it comes in.[/quote]
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