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How accurate are NALP directory hours worked per yr?
Posted: Fri Feb 17, 2012 1:09 pm
by TLSNYC
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?
Re: How accurate are NALP directory hours worked per yr?
Posted: Fri Feb 17, 2012 9:27 pm
by TLSNYC
bump...
if nothing else, am i right in thinking that 2000 hours is ridiculously good?
Re: How accurate are NALP directory hours worked per yr?
Posted: Fri Feb 17, 2012 9:28 pm
by NYC Law
Hours billed =/= hours worked
To get the actual hours worked, take the billables and divide by ~.67 to ~.80 or so
Re: How accurate are NALP directory hours worked per yr?
Posted: Fri Feb 17, 2012 10:13 pm
by BeenDidThat
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.
Re: How accurate are NALP directory hours worked per yr?
Posted: Fri Feb 17, 2012 10:29 pm
by bk1
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).
Re: How accurate are NALP directory hours worked per yr?
Posted: Fri Feb 17, 2012 10:41 pm
by romothesavior
Never even noticed this. Pretty cool, and it looks like my hours will be pretty manageable.
Re: How accurate are NALP directory hours worked per yr?
Posted: Fri Feb 17, 2012 10:55 pm
by NYC Law
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