How accurate are NALP directory hours worked per yr?

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TLSNYC
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Joined: Mon Nov 22, 2010 1:38 pm

How accurate are NALP directory hours worked per yr?

Postby TLSNYC » Fri Feb 17, 2012 1:09 pm

I've been looking at a few firms and I notice that on their NALP directories they list the avg # of hours billed/worked per associate around 1800/2000 respectively (in a secondary market). How accurate are these figures? Is it really likely that people are only working 2k hours a yr?

TLSNYC
Posts: 509
Joined: Mon Nov 22, 2010 1:38 pm

Re: How accurate are NALP directory hours worked per yr?

Postby TLSNYC » Fri Feb 17, 2012 9:27 pm

bump...

if nothing else, am i right in thinking that 2000 hours is ridiculously good?

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NYC Law
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Re: How accurate are NALP directory hours worked per yr?

Postby NYC Law » Fri Feb 17, 2012 9:28 pm

Hours billed =/= hours worked

To get the actual hours worked, take the billables and divide by ~.67 to ~.80 or so

BeenDidThat
Posts: 704
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Re: How accurate are NALP directory hours worked per yr?

Postby BeenDidThat » Fri Feb 17, 2012 10:13 pm

NYC Law wrote:Hours billed =/= hours worked

To get the actual hours worked, take the billables and divide by ~.67 to ~.80 or so


Billables < Hours worked... but this is close. Billables represent between 67 and 80% of hours worked.

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bk1
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Re: How accurate are NALP directory hours worked per yr?

Postby bk1 » Fri Feb 17, 2012 10:29 pm

NYC Law wrote:Hours billed =/= hours worked

To get the actual hours worked, take the billables and divide by ~.67 to ~.80 or so


Just wanted to point out that NALP has areas for both hours billed and hours worked (some firms might have one or the other or both or neither).

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romothesavior
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Re: How accurate are NALP directory hours worked per yr?

Postby romothesavior » Fri Feb 17, 2012 10:41 pm

Never even noticed this. Pretty cool, and it looks like my hours will be pretty manageable.

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NYC Law
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Re: How accurate are NALP directory hours worked per yr?

Postby NYC Law » Fri Feb 17, 2012 10:55 pm

BeenDidThat wrote:
NYC Law wrote:Hours billed =/= hours worked

To get the actual hours worked, take the billables and divide by ~.67 to ~.80 or so


Billables < Hours worked... but this is close. Billables represent between 67 and 80% of hours worked.


Yeah I know, that's why I said divide by the .67-.80




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