Search for: "Beyond Billables"
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26 Jan 2023, 4:00 am
The trick is to balance your compensation with your billable rate. [read post]
21 Nov 2017, 2:13 pm
If you don’t know the basics, reach out to people in your network and beyond to start getting educated (there are resources included at the end of the post from the participants). [read post]
26 Dec 2007, 4:15 am
It could be that all the noise about associate salaries and PPP's drowns out the signal concerning wealth accumulation; it could be that we're all so inured to the current state of affairs that we don't think to comment upon it; or it could even be that the very fact of noting it seems to serve little purpose beyond salting the wound. [read post]
30 Jul 2020, 8:35 am
Recruiting needs to recruit professionals beyond JDs. [read post]
4 Oct 2016, 6:09 am
Law firms, the private entities to which the law society has been outsourcing the responsibility of assuring new lawyer competence through articling, routinely spend tens of thousands of dollars every year in salary alone to hire an articling student, never mind overhead, benefits, staff support, and billable time for [read post]
4 Sep 2022, 3:50 am
I remember years ago having to overcome the partners’ resistance to being paid only by direct deposit and to increasing the partner-to-secretary ratio beyond 1-to-1. [read post]
27 Jan 2023, 12:09 am
Billable hours. [read post]
20 Feb 2010, 11:03 am
Instead of shooting out letters and emails, essentially we’re putting updates out on a protected internet service that people can just look at instead of sending carbon copies of letters and what not. 80% of my practice, I would say within the domestic relations part of my practice, still probably three quarters of what I am doing is a traditional billable hour. [read post]
13 Apr 2014, 9:01 pm
I obviously don’t have access to Duke’s billable hours, though I doubt that the university paid between $37.2 million and $79 million to its lawyers (who aren’t exactly my biggest fans). [read post]
30 Oct 2021, 11:09 pm
Marcus Grosch.SWM/Quinn won the first round (Presiding Judge Ulrike Voss, "Voß" in German), but enforcement only began and actual harm occurred after the appeals court--a panel of the Dusseldorf Higher Regional Court under Judge Kuehnen--handed down a decision (in German) that was outrageous beyond belief in December 2017. [read post]
10 Apr 2014, 11:39 am
And it goes beyond learning about what their goals are - they also want you to understand the in-house legal team structure. [read post]
12 Nov 2020, 3:17 am
So it’s an interesting argument from from both sides of the billable hour and its problems to blowing up the billable hour and those problems as well. [read post]
24 Feb 2022, 4:01 am
Beyond these concerns, by definition no dataset can be complete. [read post]
10 Mar 2011, 1:52 pm
That’s right: you’ve got a pie chart (for apps you use most), a graph (y-axis = minutes spent; x-axis = times of day) and quick tickers for active and away time, billable time and billings made. [read post]
27 Jan 2020, 9:36 am
There would be little to no pressure on him, as opposed to having to answer to clients and senior attorneys and billable hours. [read post]
5 May 2008, 6:05 am
Our faithful correspondent has several well-taken points, which I'd like to reiterate: On the billable hour model, revenue = (rates) x (hours) x (realization) Add in a dimension for profitability, namely (^leverage) And you realize that each of these four measures has some intrinsic ceiling or maximum on it: Rates: $1,000/hour? [read post]
14 Jun 2015, 7:48 pm
Lawyers found the role appealing as an escape away from the billable hour. [read post]
8 Aug 2012, 10:00 pm
I believe the cone dynamic (again, the actual physics are way beyond me) then results in heat transmitting down the cone, which has the effect of softening the wax. [read post]
28 Jun 2007, 2:50 pm
But: If we add in the prospect of an additional component of capital appreciation from now until retirement and beyond, the incentives change, and they change in a way that should encourage dedicated long-term investment. [read post]
15 Oct 2007, 1:04 am
But where structured finance and private equity lawyers might find themselves struggling to meet their billable hours targets, litigators might be in high demand by financial companies. [read post]
