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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
I do not think equity partners at Miles are billing 1400. In my department, it was more like 2000+.  Could vary by department, though.  There seems to be this "midlaw" myth where partners coast along making a few hundred grand and work 9-5. I would like to see this if it exists. [/quote]

The bigger myth on these boards at the moment seems to be "Since there are reasons to think biglaw is facing serious challenges, it is safer to be at midlaw." Its like some posters read Abovethelaw and their takeaway was that justifying your rates is something only large law firms have to do.[/quote]

I haven't read ATL in literally years, but I know when I left BigLaw, my rate went from $550 to $400 and my clients came with me, and my salary went up while my hours went down.

At my regional firm, [b]partners bill about 1,500 hours[/b] and make about $400K.  Not a bad life.

At smaller firms (truly boutiques) where my friends ended up, they [b]bill maybe 1,200 hours [/b]and make about $300K.  Perhaps an even better life.[/quote]

I don't doubt you. My issue is last time this came up and a few people attempted to explain why they were happy not fleeing big law, there was a slew of "apparently you haven't read any legal news recently" comments. I don't think what's happening in the legal market is a reason to choose mid-size over large (though there may well be other good reasons to do so).[/quote]

NP here.  Of course, this doesn't account for time written off because the time required to finish a project exceeds cost limitations.  Also, you have to factor in non-billable time for business development (writing, networking, speaking engagements, etc.  Probably still better than Biglaw but it's not as simple as 1500 billables / 50 weeks = 30 hrs per week.[/quote]

well, you have to have the work.  that is obviously the catch.  personally, I'd rather spend 15-20 hours a week marketing (i.e., attending chamber meetings, trade groups, social outings) then spending that time billing.  But some lawyers don't have that skill or do not enjoy it.[/quote]

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