Page 1 of 1
How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:16 am
by Anonymous User
Interviewed with 3 firms today, 2 of which had an 1900 hour expectation, the other one having a 1750-hour expectation. Compensation was a little lower, but this sounds pretty sweet. Does anyone else take these into account, or is it wise to assume that everyone will be gunning for 2000+ hours trying to make partner anyhow?
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:40 am
by radek
Despite lower billable hour requirements, pretty much all firms expect the same quality of work and the same amount of work.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:43 am
by Aqualibrium
It is wrong to out people like this. Ass.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:43 am
by radek
.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:47 am
by Aqualibrium
Not really, I didn't know he was at UCLA...technically I still dont, so I suppose he hasn't been outed at all.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:50 am
by radek
.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:53 am
by 20160810
I have verified that OP does not attend UCLA. In the future, let's keep the smug (if incorrect) prognosticating to a minimum and focus on keeping threads on-topic. Thanks in advance.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:54 am
by DoubleChecks
radek wrote:Aqualibrium wrote:Not really, I didn't know he was at UCLA...technically I still dont.
Let's look at the facts:
1) OP said he/she did the interviews (3 of them) today so they must have been screening interviews, not CBs unless OP was on some crazy bizarre CB schedule
2) I don't know of any major job fairs going on today
3) So the interviews were most likely done on campus
4) There are less than 5 NALP firms with billable reqs of 1750.
5) Most firms list their interview schedules online. Look at who did interviews today, and it's not hard to figure out which firm AND which campus the OP interviewed with and on respectively.
i dont think the point was whether it was 'easy' or not to out him...but the fact that you did, thats what the other person had issues with
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:54 am
by Aqualibrium
radek wrote:Aqualibrium wrote:Not really, I didn't know he was at UCLA...technically I still dont.
Let's look at the facts:
1) OP said he/she did the interviews (3 of them) today so they must have been screening interviews, not CBs unless OP was on some crazy bizarre CB schedule
2) I don't know of any major job fairs going on today
3) So the interviews were most likely done on campus
4) There are less than 5 NALP firms with billable reqs of 1750.
5) Most firms list their interview schedules online. Look at who did interviews today, and it's not hard to figure out which firm AND which campus the OP interviewed with and on respectively.
1) Not all firms have their info on NALP. Go look at Louisiana for example, you telling me there are only 9 firms in the state? I can name 10 firms across the Southeast with billables of 1750 or less.
2) No one in their right mind would do all that crap you suggest in # 5.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 12:57 am
by Adjudicator
Wow, the wheels came off this thread right from the beginning. Too bad, I think it's an interesting question.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 1:02 am
by Aqualibrium
Adjudicator wrote:Wow, the wheels came off this thread right from the beginning. Too bad, I think it's an interesting question.
To answer OP's question:
I never really take it into account. I have, in cases where there is a disparity in the pay, computed an approximate hourly rate to see how the two ( a firm with a higher base salary but higher billable req v. a firm with lower salary lower req) compare. In the end though, what matters most to me is fit and location.
One thing you'll notice though is that when you do compute an approximate hourly pay, the salary comes out about even. That probably weighs in favor of the firm with the lower billable req. because you get a bonus for anything past 1750.
Re: How much do you take the associate billables reqs into acct
Posted: Wed Sep 08, 2010 1:46 am
by Anonymous User
Aqualibrium wrote:Adjudicator wrote:Wow, the wheels came off this thread right from the beginning. Too bad, I think it's an interesting question.
To answer OP's question:
I never really take it into account. I have, in cases where there is a disparity in the pay, computed an approximate hourly rate to see how the two ( a firm with a higher base salary but higher billable req v. a firm with lower salary lower req) compare. In the end though, what matters most to me is fit and location.
One thing you'll notice though is that when you do compute an approximate hourly pay, the salary comes out about even. That probably weighs in favor of the firm with the lower billable req. because you get a bonus for anything past 1750.
Yeah, I tried to run the numbers, but it was pretty skewed. The 1900-hour firms were in a major market, so they paid a LOT more than the 1750-hour one, which is in a tertiary market. However, when one factors in COL, the 1750-hour one is still almost surely the better bet fiscally, bonus notwithstanding.
My primary concern is that the 1750 number was fluff, and that to be realistically considered for partner I'll need to put in 1900+ anyhow. I asked, though, and the partners I interviewed with were EMPHATIC that this is not the case, and that it really is 1750, so who knows. I'd love to take them on their word about this, because that's a huge selling point with the firm for me.