jrwhitedog wrote:That makes sense.But there seems to be a different way to calculate the billable hours.According to AveryIndex, you can get 39.3 billable hours if you work 50 hours a week.http://www.averyindex.com/shortest_hours.php
There are a number of assumptions with that number.
1. The 50/39.3 number is one firm.
2. All numbers reported are averages. You can figure out what that means.
2. It's midlevels. For them, an 80% efficiency rate is more plausible. At the same time, they have more direct responsibility for cases and deals.
3. Note the almost complete absence of big NY firms on the "shortest" list. This is where they went: