if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work Forum

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Re: if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work

Post by Anonymous User » Sat Dec 05, 2020 10:24 pm

Anonymous User wrote:
Thu Dec 03, 2020 12:37 am
I once had to revisit/update a document that was originally written about 5 years prior. I commented on how shitty the quality was. Turns out my managing partner had written it. He said something about billing 2800 hours that year, but it was still awkward.

LawrenceGazebo

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Re: if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work

Post by LawrenceGazebo » Sun Dec 06, 2020 1:12 am

Anonymous User wrote:
Thu Dec 03, 2020 12:37 am
Is it really that shitty if it gets the job done?

PrinterInk

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Re: if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work

Post by PrinterInk » Sun Dec 06, 2020 3:11 am

LawrenceGazebo wrote:
Sun Dec 06, 2020 1:12 am
Anonymous User wrote:
Thu Dec 03, 2020 12:37 am
Is it really that shitty if it gets the job done?
Maybe if what you’re working on isn’t that high of stakes. Note that a big M&A or cap markets deal where no one’s getting sued or indemnified in any conceivable world is lower stakes than something 1/50th the headline number that is highly contentious or hairy.

Also note that there’s a reason why they don’t work tax lawyers around the clock. If they fuck up, real money gets lost.

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The Lsat Airbender

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Re: if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work

Post by The Lsat Airbender » Sun Dec 06, 2020 8:36 am

PrinterInk wrote:
Sun Dec 06, 2020 3:11 am

Also note that there’s a reason why they don’t work tax lawyers around the clock. If they fuck up, real money gets lost.
"They" would work tax lawyers around the clock if they could. It's more of a pipeline issue.

Anonymous User
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Re: if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work

Post by Anonymous User » Sun Dec 06, 2020 9:37 pm

Unless you're in KE Restructuring - their group average was 2400 post-COVID, up from 1900 pre-COVID.

Anonymous User
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Re: if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work

Post by Anonymous User » Sun Dec 06, 2020 9:46 pm

Anonymous User wrote:
Sun Dec 06, 2020 9:37 pm
Unless you're in KE Restructuring - their group average was 2400 post-COVID, up from 1900 pre-COVID.
I'm not sure that's how this works. I can see KE output maybe remaining OK if they have more associates review each piece of work product than another firm

Anonymous User
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Re: if you're billing more than, like, 2300 in a year you're almost certainly doing shitty work

Post by Anonymous User » Sun Dec 06, 2020 10:30 pm

Anonymous User wrote:
Sun Dec 06, 2020 9:46 pm
Anonymous User wrote:
Sun Dec 06, 2020 9:37 pm
Unless you're in KE Restructuring - their group average was 2400 post-COVID, up from 1900 pre-COVID.
I'm not sure that's how this works. I can see KE output maybe remaining OK if they have more associates review each piece of work product than another firm
That's what I meant - their work product is still good, they've just got higher volume, more layers of review. Junior-level work on debtor side restructuring can be brute force with juniors doing research and mid levels reviewing and refining for quality, etc. They're all billing 2400+ but it's not shitty work.

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