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https://lesstimespent.com/blog/billable-hours-in-year/#:~:text=Here%E2%80%99s%20a%20listof%20what%20other%20countries%20require%20as,day%20%3D%202080%20billable%20hours%20in%20a%20year.
https://lesstimespent.com/blog/billable-hours-in-year/
A typical workday in the United States is 9:00am to 5:0pm, giving you eight hours to “work.” Total Billable Hours in One Year. If you do the math, 260 days x 8 hours per day = 2080 billable hours in a year. Employer Expectations. But the reality is …
https://law.yale.edu/sites/default/files/area/department/cdo/document/billable_hour.pdf
enough money from your billable hours not only to cover your salary and your overhead, but also to generate revenue for the firm. It’s not a complicated equation – the more hours you bill, the more revenue for the firm. Firms “average,” “target” or “minimum” stated billables typically range between 1700 and 2300, although
https://www.trinityp3.com/2007/03/how-many-billable-hours-are-there-in-a-year/
Well at thirty-six hours and forty minutes this equates to 1650 hours a year. Which is reasonably well accepted. Some people use 1600. The lowest we have seen is 1,200 a year and the highest is 2,080 a year. To make this even easier we have created a calculator for working out billable hours per year and more here.
https://quickbooks.intuit.com/r/bookkeeping/billable-hours/
In most cases, professionals are required to work a number of billable hours in a year to maintain employment. The average number of required billable hours in 2015 was 1,892, according to the National Association for Legal Professionals. But billable hours make up only a percentage of an attorney’s working hours, as a 2018 Yale report shows. The report assumes …
https://www.practicepanther.com/blog/first-year-associates-billable-hours/
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. The lesson is that if a first-year associate is going to …
https://www.michaeldkelly.com/blog/2017/1/29/billable-expectations-40-168-1800.html
1,800 billable hours in a year . Most consulting firms estimate around a 90% utilization annually. That's around 1,872 hours annually, or about five weeks non-billable. Notice I didn't say five weeks of vacation. That might be the reason. It might also be that people are between projects or we assign people to non-billable work (like our very own DT website).
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 …
https://www.smokeball.com/blog/billable-hours-understanding-how-law-firms-bill/
This means that some lawyers are working anywhere from 70 to 80 hours per week every week just to meet their billable hour minimums which can …
https://www.quora.com/How-many-billable-hours-do-consultants-work-yearly-at-management-consulting-companies
1,500 to 2,000 billable hours per year was the norm, back in the day (mid-1990s to mid-2000s). While target “utilization” (% of chargeable hours versus a standard 40 hour work week) varied a bit by level - junior consultants were higher and senior managers lower - most consultants maintained rates of 75–100%.
https://www.top-law-schools.com/forums/viewtopic.php?t=248775
I think a safe bet is to multiply your billable hour requirement by 1.5 and that provides a rough minimum amount of hours you will work (combines both downtime and efficiency). So 1700 x 1.5 = 2550 hour per year = 51 hours/week.
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