Celebrating 10 years! 2007-2017

Billable hours survey

I am trying to get an idea of different billable hour models loblawyer04/16/17
I'm leaving, but: 1) 1850/yr 2) 50 hrs a week, give or t sjlawyer04/16/17
I should reply to my own survey: 1. 1,800 annual target, loblawyer04/16/17
1. LOL, no 2. 42 3. WTF are you on about? 4. N/A - bonus dingbat04/16/17
1800 At least 60ish No Yes, but small maybe 50-10k 500 l aspiretoretire04/16/17
1800 At least 60ish No Yes, but small maybe 50-10k 500 l aspiretoretire04/16/17
1. 1800 annually - hard requirement. 2. Don't know, but sho jd4hire04/17/17
"3. PTO credited towards requirement" Is this really a pauperesq04/17/17
Yeah, I've never heard of this. When I was hired, I was tol sjlawyer04/17/17
common in Europe aspiretoretire04/17/17
1. 1850 mininum 2. 8am-5pm, plus occasional nights/weekends bucwild04/17/17
Edit- I work 7-5 bucwild04/17/17
When I was in private practice: 1. No minimum. 2. 40-50 ruralattorney04/17/17
1. Collections Minimum of $210k 2. To meet it? probably l jackiechiles04/17/17
If you have to make up the time you miss while on vacation, flharfh04/17/17
1. None; do the work that comes in 2. I'm in the office any lurktastic04/17/17
1. 2000 2. ~55 3. 0 4. 50k 5. ~700 6. IP Lit 7. 3 in I interveningrights04/17/17
loblawyer (Apr 16, 2017 - 11:05 am)

I am trying to get an idea of different billable hour models out there and figured I should poll JDU. If interested, please post with responses to the following:

1. Billable hour requirement (and if stated as annual/monthly/weekly/daily)
2. Actual hours worked a week to meet billable hours
3. PTO credited towards requirement
4. Bonus (monthly/quartlerly/annual) for exceeding requirement
5. Size of firm and major/secondary/tertiary market
6. Practice area (litigation/transactional if concerned about outing)
7. Years in practice

If you have the good fortune of working for a firm with no formal billing requirement or less stringent procedures, please reply as well.

Reply
sjlawyer (Apr 16, 2017 - 11:10 am)

I'm leaving, but:

1) 1850/yr
2) 50 hrs a week, give or take
3) lol, 0 if I'm understanding this
4) 500 bucks per each 25 hours over requirement if "realized"
5) 3 attorneys
6) Gov't and lit. 50/50 transactional and lit
7) 4

Reply
loblawyer (Apr 16, 2017 - 11:16 am)

I should reply to my own survey:

1. 1,800 annual target, not a hard requirement
2. 45 hours (9am-6pm most weekdays; no weekends)
3. Yes (which effectively reduces the target to 1,600)
4. No bonus or expectation to exceed target
5. 15-25 attorneys in secondary market
6. Transactional
7. 5-10 years

Reply
dingbat (Apr 16, 2017 - 8:14 pm)

1. LOL, no
2. 42
3. WTF are you on about?
4. N/A - bonus is tied to how much business I bring in, not to how many hours I work
5. small firm, tertiary market

Reply
aspiretoretire (Apr 16, 2017 - 9:52 pm)

1800
At least 60ish
No
Yes, but small maybe 50-10k
500 lawyers, in secondary market
Patent
1 year

Reply
aspiretoretire (Apr 16, 2017 - 9:55 pm)

1800
At least 60ish
No
Yes, but small maybe 50-10k
500 lawyers, in secondary market
Patent
1 year

Reply
jd4hire (Apr 17, 2017 - 9:47 am)

1. 1800 annually - hard requirement.
2. Don't know, but should figure this out. I'd say 9 - 6 with random weekends.
3. No.
4. Bonus is based on whether or not you meet billable requirement. Bonus is decent chunk of compensation.
5. 32 attorneys between two offices. Smaller office is in major metropolitan city, larger office is secondary market.
6. Nearly all litigation.
7. 6 years out.

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pauperesq (Apr 17, 2017 - 10:07 am)

"3. PTO credited towards requirement"


Is this really a thing?

Reply
sjlawyer (Apr 17, 2017 - 1:31 pm)

Yeah, I've never heard of this. When I was hired, I was told we get "2 weeks, but that's on the honor system." What that's come to mean is - hit your billables and no one don't cares.

Reply
aspiretoretire (Apr 17, 2017 - 8:17 pm)

common in Europe

Reply
bucwild (Apr 17, 2017 - 10:18 am)

1. 1850 mininum
2. 8am-5pm, plus occasional nights/weekends. Work between 50-70 hours per week, but I exceed 1850 by a large margin.
3. I didn't even know what PTO stood for before reading this forum.
4. Bonus is based on how much you bill over the minimum. My bonuses have ranged between 10-18% of salary before tax.
5. Firm is 20-30 attorneys, one office. Is Atlanta a primary market?
6. IP
7. 4

Reply
bucwild (Apr 17, 2017 - 11:00 am)

Edit- I work 7-5

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ruralattorney (Apr 17, 2017 - 10:54 am)

When I was in private practice:

1. No minimum.
2. 40-50
3. N/A
4. Bonus paid at the end of the fiscal year if there was any money in the firm's bank account. Bonuses were paid based on the ratio of what you brought in.
5. Three attorneys, one office.
6. Rural general practice firm. My area of practice was primarily litigation, but was definitely mixed.
7. 19

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jackiechiles (Apr 17, 2017 - 11:31 am)

1. Collections Minimum of $210k
2. To meet it? probably like 30 a week. I normally work 50-55 a week.
3. Not sure what it is
4. Bonus is 33% of whatever I receive over $210k. Last year was $45k
5. 25 attorneys
6. Med mal defense, construction defense, general ID work
7. 5

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flharfh (Apr 17, 2017 - 2:18 pm)

If you have to make up the time you miss while on vacation, you don't have 'PTO'.

If you are working with an annual billable hour quota you almost certainly don't actually have paid vacation, unless the vacation time counts towards your billables.

Reply
lurktastic (Apr 17, 2017 - 2:40 pm)

1. None; do the work that comes in
2. I'm in the office anywhere from 25 to 80 hours a week depending upon my caseload.
3. No formal policy - take time off as you need it as long as you are getting your work done. Some years, I've only taken 3 weeks off, others I've taken 10.
4. Bonus paid quarterly based upon collections
5. 30 attorneys; secondary market
6. Tax
7. licensed 6.5 years; actually working 5.5 of those years.

Reply
interveningrights (Apr 17, 2017 - 4:30 pm)

1. 2000
2. ~55
3. 0
4. 50k
5. ~700
6. IP Lit
7. 3 in IP lit

Reply
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