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https://www.natlawreview.com/article/first-year-associate-s-guide-to-managing-billable-hours#:~:text=According%20to%20the%20National%20Association%20for%20Law%20Placement%2C,with%20more%20than%20700%20attorneys%20is%201%2C930%20hours.
https://roseninstitute.com/hours-associate-bill/
You’re likely profitable at 100 billable hours if you pay the associate $5,000 in wages, plus benefits and payroll taxes of about $1,500, for a total cost of about $6,500. What if the associate isn’t hitting the right numbers? Make the compensation variable. When the …
https://www.practicepanther.com/blog/first-year-associates-billable-hours/
Guides for Lawyers. Improve your Business. According to the National Association for Law Placement, the average number of billable time required from a first-year associate is 1,892 hours for the latest year listed, which is 2016. But the average number of billable hours required for first-year associates at firms with more than 700 attorneys is 1,930 hours.
https://www.isba.org/barnews/2015/04/22/best-practice-how-many-billable-hours-should-associate-produce
A. For many years the national norm for all firms has been around 1750 billable hours - much higher for litigation firms - often in the 1800-2000+ range. In my experience I find 1650-1700 a good target for most firms.
https://www.olmsteadassoc.com/blog/associate-attorney-compensation-five-approaches/
For years the national average annual billable hours reported in surveys has been 1750 and this was the expectation for many firms for many years and still is for many firms. In the past few years, due to lack of work and other factors, some firms have lowered the annual expectation minimum to 1600. Litigation firms, especially insurance defense firms, currently have minimal expectations ranging …
https://law.yale.edu/sites/default/files/area/department/cdo/document/billable_hour.pdf
interest employers typically do not have any billable hour requirements because they do not bill their hours to a paying client. A. The Full Time Job: Target 1800 Billable Hours Assume you “work” from 8:00 am - 6:00 pm each day 10.0 Assume you take an hour for lunch -1.0 Assume you take two 15 minute coffee breaks - .5
https://www.nalp.org/billablehours
Number of Associate Hours Worked Declines (NALP Bulletin, February 2011) — The most recent information available makes it evident that both the average number of hours worked and the average number of billable hours worked per year has declined since 2007, likely due to the slowdown in the legal economy starting in 2008. In 2009, the average total number of hours worked stood at 2,032, …
https://abovethelaw.com/2021/11/biglaw-bonus-tracker-2021/
Class of 2014+: $115K. November 23, 2021. 2000 hours to receive full bonus (comprised of billable hours, firm matter hours, pro bono hours (including 20 …
https://www.isba.org/barnews/2018/09/bestpracticetipsassociateattorneyco
Base salary plus $50 per billable hour actually billed to clients that exceeds 1,750 annual billable hours. A 10 percent bonus on the collected revenue from other timekeepers that work is delegated to. Base salary plus 20 percent bonus for collected working attorney fees in excess of three times salary during the year. For example, an associate who is paid $100,000 would have a working …
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