2600+ hours seems impossible
Posted: Mon Sep 29, 2014 12:02 pm
How much of this is padding?
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Desert Fox wrote:Location: Call the National Suicide Prevention Lifeline 1-800-273-8255
Do you know what a billable hour is?Anonymous User wrote:only 8 hours a day for like every day of the year...
comon... suck it up
(accidentally leaves timer running overnight, says fuck it)Desert Fox wrote:How much of this is padding?
I'd add person to person. A guy I work with will deduct time it took him to sneeze.kcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
Hours billed to the client and how much I actually put into the system are differentkcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
There must still be some client accountability creeping in tho. Otherwise, why wouldn't you bill the revving up time you spend transitioning into a new project? I'd assume that you feel a need to have some work product that justifies the billable hours you're saying you worked. You're worrying about justifying them to the partner, but I'd imagine there's an element of "Are these hours at all reasonable in comparison to your value add for the client?"baal hadad wrote:Hours billed to the client and how much I actually put into the system are differentkcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
Partners may write down stuff but I bill it all
How efficient I am depends on what I'm doing
If I'm cranking on a big project due same day I'm laser focused an can bill 8 hrs in approx 8.5 hrs
If I jump around from task to task I lose time in transition
That's billing like a girl. Fuck that noise. bill every god damn second.kcdc1 wrote:There must still be some client accountability creeping in tho. Otherwise, why wouldn't you bill the revving up time you spend transitioning into a new project? I'd assume that you feel a need to have some work product that justifies the billable hours you're saying you worked. You're worrying about justifying them to the partner, but I'd imagine there's an element of "Are these hours at all reasonable in comparison to your value add for the client?"baal hadad wrote:Hours billed to the client and how much I actually put into the system are differentkcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
Partners may write down stuff but I bill it all
How efficient I am depends on what I'm doing
If I'm cranking on a big project due same day I'm laser focused an can bill 8 hrs in approx 8.5 hrs
If I jump around from task to task I lose time in transition
How much time do you deduct per postDesert Fox wrote:I'd add person to person. A guy I work with will deduct time it took him to sneeze.kcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
You'd think that with smaller billing rates, it would be easier to collect but its actually the opposite. Cheap clients are cheap. Rich clients are rich. The rich ones are less likely to give you shit about the bill.
.Isn't it the opposite?baal hadad wrote:Hours billed to the client and how much I actually put into the system are differentkcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
Partners may write down stuff but I bill it all
How efficient I am depends on what I'm doing
If I'm cranking on a big project due same day I'm laser focused an can bill 8 hrs in approx 8.5 hrs
If I jump around from task to task I lose time in transition
Is rounding down just not done? Since when does 1min or 2min = 6min?englawyer wrote: If an hour looks like this:
Task 1 takes 19 minutes (.4)
Task 2 takes 25 minutes (.5)
Task 3 takes 2 minutes (.1)
Task 4 takes 14 minutes (.3)
Then you have billed 1.3 hours in 1 hour ethically.
I think most people would probably only round up for the last increment of the day on that matter. I.e. you work 19 minutes (0.4), but then later you work 38 minutes (0.7) on the same matter, you've got 57 minutes total so you'll only put 1.0 total, not 1.1. So unless you've got like 30 different matters at a time, what you describe wouldn't be so helpful. But I don't know, man, there seem to be remarkably few actual rules about how this should work.englawyer wrote:Isn't it the opposite?baal hadad wrote:Hours billed to the client and how much I actually put into the system are differentkcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
Partners may write down stuff but I bill it all
How efficient I am depends on what I'm doing
If I'm cranking on a big project due same day I'm laser focused an can bill 8 hrs in approx 8.5 hrs
If I jump around from task to task I lose time in transition
If an hour looks like this:
Task 1 takes 19 minutes (.4)
Task 2 takes 25 minutes (.5)
Task 3 takes 2 minutes (.1)
Task 4 takes 14 minutes (.3)
Then you have billed 1.3 hours in 1 hour ethically.
this is dumb law student hypothesizing, it's not remotely relevantcheckers wrote:Is rounding down just not done? Since when does 1min or 2min = 6min?englawyer wrote: If an hour looks like this:
Task 1 takes 19 minutes (.4)
Task 2 takes 25 minutes (.5)
Task 3 takes 2 minutes (.1)
Task 4 takes 14 minutes (.3)
Then you have billed 1.3 hours in 1 hour ethically.
19 minutes is a .3. I'm not billing a client an extra .1 for one minute of work. I don't feel comfortable billing a .1 until I'm closer to 3-4 minutes on something. I might bill a .1 for that 2 minute task, depending on what it is, but most things don't take that short an amount of time. If it's that short, I will usually "bill no charge" it so it shows up on the bill but isn't charged.englawyer wrote:Isn't it the opposite?
If an hour looks like this:
Task 1 takes 19 minutes (.4)
Task 2 takes 25 minutes (.5)
Task 3 takes 2 minutes (.1)
Task 4 takes 14 minutes (.3)
Then you have billed 1.3 hours in 1 hour ethically.
Everything about that sounds awful.Anonymous User wrote:
In all seriousness, 2600 in corporate isn't particularly fun, but it's also not hard to do. Get staffed on a big, complex transaction like a big M&A deal or an IPO and you can rack up a couple of 300 hour months before you know it. And after that, 10 months to bill 2000 is routine.
^ exactly that.nickelanddime wrote:It is soul crushing. Given the nature of how law firms operate, and your own declining inefficiency after a few months of this, this pace will turn into being at work until 9-10 every weekday (with the occasional 3 am night thrown in) and most of the weekend. Barely enough time to do basic life errands, let alone stay in shape or see friends and family.
Assuming all the work is for the same client:dixiecupdrinking wrote:I think most people would probably only round up for the last increment of the day on that matter. I.e. you work 19 minutes (0.4), but then later you work 38 minutes (0.7) on the same matter, you've got 57 minutes total so you'll only put 1.0 total, not 1.1. So unless you've got like 30 different matters at a time, what you describe wouldn't be so helpful. But I don't know, man, there seem to be remarkably few actual rules about how this should work.englawyer wrote:Isn't it the opposite?baal hadad wrote:Hours billed to the client and how much I actually put into the system are differentkcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
Partners may write down stuff but I bill it all
How efficient I am depends on what I'm doing
If I'm cranking on a big project due same day I'm laser focused an can bill 8 hrs in approx 8.5 hrs
If I jump around from task to task I lose time in transition
If an hour looks like this:
Task 1 takes 19 minutes (.4)
Task 2 takes 25 minutes (.5)
Task 3 takes 2 minutes (.1)
Task 4 takes 14 minutes (.3)
Then you have billed 1.3 hours in 1 hour ethically.
For me, the "2 minute task" really only comes up for what I consider off-hour emails. If someone emails me on Saturday afternoon when I am out and about, I bill for "email communication with X" even if it was only a quick response that took me less than two minutes.kalvano wrote:19 minutes is a .3. I'm not billing a client an extra .1 for one minute of work. I don't feel comfortable billing a .1 until I'm closer to 3-4 minutes on something. I might bill a .1 for that 2 minute task, depending on what it is, but most things don't take that short an amount of time. If it's that short, I will usually "bill no charge" it so it shows up on the bill but isn't charged.englawyer wrote:Isn't it the opposite?
If an hour looks like this:
Task 1 takes 19 minutes (.4)
Task 2 takes 25 minutes (.5)
Task 3 takes 2 minutes (.1)
Task 4 takes 14 minutes (.3)
Then you have billed 1.3 hours in 1 hour ethically.
I think this is a valid question for DF.911 crisis actor wrote:How much time do you deduct per postDesert Fox wrote:I'd add person to person. A guy I work with will deduct time it took him to sneeze.kcdc1 wrote:As a 2L, I do wonder if the "billable hour" varies firm-to-firm, group-to-group, and client-to-client. On CB's, I spoke to associates that claimed they worked 60 to bill 40 and at other firms, the associates seemed to work 46 to bill 45. Does having a lower hourly rate ($/hr) translate into higher billing efficiency because clients are more willing to pay for hours when they're cheaper?
You'd think that with smaller billing rates, it would be easier to collect but its actually the opposite. Cheap clients are cheap. Rich clients are rich. The rich ones are less likely to give you shit about the bill.
I don't bill those because clients tend to get bitchy about a lot of .1's for "correspondence with..." I usually end up adding a .1 or a .2 to substantive work if I know I've had a lot of emails that I didn't bill. That way I get my time back without having to litter the bill with random .1's.englawyer wrote:For me, the "2 minute task" really only comes up for what I consider off-hour emails. If someone emails me on Saturday afternoon when I am out and about, I bill for "email communication with X" even if it was only a quick response that took me less than two minutes.kalvano wrote:19 minutes is a .3. I'm not billing a client an extra .1 for one minute of work. I don't feel comfortable billing a .1 until I'm closer to 3-4 minutes on something. I might bill a .1 for that 2 minute task, depending on what it is, but most things don't take that short an amount of time. If it's that short, I will usually "bill no charge" it so it shows up on the bill but isn't charged.englawyer wrote:Isn't it the opposite?
If an hour looks like this:
Task 1 takes 19 minutes (.4)
Task 2 takes 25 minutes (.5)
Task 3 takes 2 minutes (.1)
Task 4 takes 14 minutes (.3)
Then you have billed 1.3 hours in 1 hour ethically.