| How many hours have you billed thus far this year? |
| It is irrelevant. It is what you have billed. |
|
zzzzzzzz
Better quesiton how many hours have you spent with your wife and kids? |
|
I've always wanted to ask a lawyer this question:
Don't you find that billing by the hour simply encourages inefficiency? I'm a marketing consultant, and I bill based on the value of what I deliver, regardless of how long it takes me to produce the final product. So, the faster I work, the more money I make (or the more free time I enjoy). To me, billing by the hour just rewards inefficiency. Tell me why I'm wrong. |
| True, but in matters of law, you may want your lawyer to do a thorough job and not be rushed, rather than cut corners. |
|
Billable hours are a losing game. Time is your inventory and you can never make more of it.
I don't see much relationship between cutting or not cutting corners and hourly billing, you get to a certain point and the client is complaining about the bill, not that you didn't cut corners. And then time is written off. Lawyers (most anyway) are not stupid, they know how to make enough hours appear on a timesheet if needed unless they're truly not busy at all. Conversely, when I was the first lawyer in my office to use a computer more than 20 yrs. ago, I told them it would pay for itself in 90 days. The first time I had to due a preliminary injunction/temporary restraining order application & motion it took about 4 hrs. (would have taken longer to write it out, not to mention waiting for it to come back from word processing). Second time the same kind of application came up in a similar issue I had to do about an hour of new research and because I had the work already saved, adapted it to a new motion ready to go in 1 hour. You can bet the work (which was successful) was worth multiples to the client of the billable time I spent on it. The firm was not billing purely on hourly time so that was marked up substantially. Anyway ... it's a horrible way to live and a horrible model that fails to measure outcomes. I turned out more work more efficiently than others in less time but by that measure I was "less productive." Nonsense. I think the billable hour model is a treadmill, but the profession continues to struggle to get free of it. |
| oops, should say "had to do (not due) a preliminary injunction...." |
| 1800 |
| 2750 |
Since Jan.??? So do you think you'll hit 5000? how is this possible? You're doing 100- hr weeks? |
| I pity the gilded wage slaves. Hope none of you are violating the ABA rulings on double billing travel, billing more than 24 hrs. in a day, etc. ;-o |
Guess you missed that those posters weren't being serious? |
How do you know? In this legal market they could be running for their (professional) lives. |
Havent had *ONE* day off since Jan 2. |
What firm? What's your practice area? (I'm guessing ITC IP litigation). Me - 1200 so far (IP practice) |