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Hours this year?
Posted: Tue Oct 17, 2023 1:52 am
by Anonymous User
The market has been extremely slow since June. I'm probably not getting bonus if I don't work 300 hours a month for the next three months. How is everyone doing? I'm a junior in the capital markets group of a v10 NY office. Definitely the worst year since I started two years ago. Has anyone heard of any v10 laying off people recently? I'm a bit worried about my job security.
Re: Hours this year?
Posted: Tue Oct 17, 2023 7:57 am
by Anonymous User
V20 capital markets junior here. Was surprisingly busy over the summer, but work has fallen off a cliff since ~labor day. Think I'll settle around 1750-1800 on the year.
Re: Hours this year?
Posted: Tue Oct 17, 2023 10:05 am
by Anonymous User
Senior associate, construction (transactional). Annualizing 2200, hopefully will end juuuuust above 2150. Not a crazy year, but extremely up and down. Low month ~130 (vacation), high month ~250.
Re: Hours this year?
Posted: Thu Oct 19, 2023 5:33 pm
by Anonymous User
Funds midelevel 1850 now v10. 240 high; 100 low (2 weeks vacation)
Re: Hours this year?
Posted: Thu Oct 19, 2023 5:43 pm
by Anonymous User
Capital markets, 4th year. It's definitely busier than last year, especially the last few months with markets picking up and dabbling in IPOs again. 2022 was extremely quiet. Think this year I'll end up around 1,600 hours.
Re: Hours this year?
Posted: Fri Oct 20, 2023 8:16 am
by Anonymous User
M&A 5th year, prob around 1800, high of 290 low of 60
Re: Hours this year?
Posted: Fri Oct 20, 2023 12:19 pm
by Anonymous User
On track for about 1600 billable in a firm with no minimum hours requirement. Will see if I still get bonus. Senior associate in bank finance.
Re: Hours this year?
Posted: Fri Oct 20, 2023 4:16 pm
by Anonymous User
600 client and 250 pro bono lol, currently billing like 20 hours a month, not sure if I'll even hit 1000 including pro bono. Billed 1000 last year too.
Re: Hours this year?
Posted: Mon Oct 23, 2023 4:10 am
by Anonymous User
Anonymous User wrote: ↑Fri Oct 20, 2023 4:16 pm
600 client and 250 pro bono lol, currently billing like 20 hours a month, not sure if I'll even hit 1000 including pro bono. Billed 1000 last year too.
Which firm?
Re: Hours this year?
Posted: Mon Oct 23, 2023 2:15 pm
by Anonymous User
450 hours to hit bonus (1950 minimum firm) as a rising fourth year cap markets/34 act associate (primarily)
1400 billable so far, have maxed out my firm's citizenship cap and can't seem to get myself staffed on reliable pro bono, but have a couple of very active deals and client's that i am hoping will cause me the pain i need to hit 1950. It will be very close...
Re: Hours this year?
Posted: Tue Oct 31, 2023 2:56 am
by Anonymous User
Anonymous User wrote: ↑Fri Oct 20, 2023 4:16 pm
600 client and 250 pro bono lol, currently billing like 20 hours a month, not sure if I'll even hit 1000 including pro bono. Billed 1000 last year too.
Does your firm has a requirement? Sounds like a dream job (if you can just keep billing 1,000 and not lose your job).
Re: Hours this year?
Posted: Sat Nov 04, 2023 5:38 pm
by Anonymous User
Mid-level lit associate; 2280 billable hours in the past 12 months, plus ~50 hours of marketing / recruiting / other non-billable stuff.