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https://cloutlegal.com/blog/law-firms-without-billable-hours/#:~:text=Real%20law%20firms%20without%20billable%20hours%20don%E2%80%99t%20use,hours%20as%20a%20base%20for%20compensating%20their%20lawyers.
https://cloutlegal.com/blog/law-firms-without-billable-hours/
Traditional law firms obsess over their utilization rate and revenue. Law firms without billable hours, however, keep a close eye on their product …
https://news.bgov.com/business-and-practice/can-law-firms-measure-ambition-without-billable-hours
An 1,800-hour limit on billable hours at least introduces the concept of moderation. And that’s a fair proposal. When the goal is 2,000 hours a year, and some people are reportedly billing 2,800, it’s pretty clear the current Big Law system takes advantage of young lawyers’ ambition.
https://www.findlaw.com/legalblogs/strategist/can-law-firms-measure-productivity-without-billable-hours/
As such, as firm's move away from billable hours, law firm managers need to get creative when determining what factors to measure to assess productivity, and may even benefit from using surrogate measures.
https://law.yale.edu/sites/default/files/area/department/cdo/document/billable_hour.pdf
Public interest law firms, smaller law firms, and law firms outside of large metropolitan areas often require less billable hours and may place more emphasis on training, client development, community-related activities and the like. In addition, government and public interest employers typically do not have any billable hour requirements because they do not bill their hours to a …
https://www.law.com/therecorder/2021/09/27/remote-work-isnt-the-only-reason-lawyers-are-flocking-to-virtual-firms/
Virtual firms without billable hours requirements are drawing top-talent from the legal industry. FisherBroyles, Taylor English and Scale …
https://www.openside.group/billable-hours-why-its-time-for-firms-to-slaughter-this-sacred-cow/
One law firm for example, Jackson Lewis, last year decided to move away from billable hours as a metric for compensation. At the time, Vincent Cino, the firm’s Chairman said [iii] : “Associates at the firm will be assessed on efficiency, client service, responsiveness, team-orientation and pro-bono commitment in an effort to align the way Jackson Lewis delivers legal services with …
https://www.reddit.com/r/LawSchool/comments/c5huye/firms_with_no_billable_hour_minimum/
Most V10 firms technically don't have billing minimum requirements to qualify for bonus. Unofficially though, hours are all that matter for a firm, and they'll take a close look at what you're doing. Most NYC law firms expect you to shoot for at least 2100. However everyone on this thread is telling you it doesn't matter. However, it does.
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 mandatory), and qualifying non-billable ...
https://abovethelaw.com/2021/11/billable-hours-are-here-to-stay-see-also/
on November 4, 2021 at 7:30 PM. November 4, 2021 at 3:58 PM. Biglaw Capping Billable Hours? LOL, seems unlikely. Legally Themed Halloween Costumes?
https://www.ft.com/content/bac826c4-d611-11e9-8d46-8def889b4137
Yet law firms, especially in the US, appear wedded to the billable hour. This is partly because of uncertainty in long-running lawsuits or M&A deals where billing is complex and can vary between ...
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