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https://www.top-law-schools.com/wachtell-lipton-rosen-katz.html
Although Wachtell Lipton has no explicit billable hour requirements, expectations reportedly hover around the 2700 mark depending on deal volume, and billing 3000 hours in a year is not uncommon. This number vastly exceeds the already high billable averages of NYC BigLaw, which more often fall in the 2000-2400 range depending on the firm and ...
https://dealbook.nytimes.com/2015/01/09/a-peek-into-how-wachtell-bills-for-deals/
Jan 09, 2015 · Updated, 12:42 p.m. For most law firms, work on mergers and acquisitions is paid by the usual model of billable hours. And then there is Wachtell, Lipton, Rosen & Katz. Thanks to a client letter obtained by The American Lawyer, the wider world now knows how Wachtell — regarded as one of the premier legal deal shops around — makes its money, at least when it comes to M.&Estimated Reading Time: 3 mins
https://www.nalpdirectory.com/employer_profile?FormID=13392&QuestionTabID=39
Recent hours history. Average annual associate hours worked in 2019: Average annual associate hours worked in 2020: Average annual associate billable hours worked in 2019: Average annual associate billable hours worked in 2020 +
https://abovethelaw.com/2015/08/wachtell-lipton-goes-big-brother-on-its-lawyers/
Aug 19, 2015 · Wachtell Lipton Goes ‘Big Brother’ On Its Lawyers ... And, most famously, the firm did not have — and, as far as I know, still does not have — a formal billable-hours requirement. In short ...Estimated Reading Time: 4 mins
https://abovethelaw.com/2014/01/associate-bonus-watch-wachtell-lipton-2011-2012/
Jan 14, 2014 · Wachtell doesn’t fret too much about how much its associates are billing — in fact, it doesn’t even have an official billable-hours requirement — because of two factors. First, there’s ...Estimated Reading Time: 4 mins
Wachtell Lipton is dedicated to providing advice and expertise at the highest levels and achieving extraordinary results for our clients. We seek individuals who are talented, motivated and committed in order to maintain our record of excellence.
https://www.top-law-schools.com/forums/viewtopic.php?t=158091&start=75
Sep 05, 2011 · I've spoken to a number of associates at S&C, DPW, Cleary and STB. Their typical billable hours per year range from 2100 to 2500. I've also spoken to associates at Wachtell and they say 2700 is on the low end with 3000 being the norm. 3100-3200 if you really want partner.
https://www.nytimes.com/2007/10/03/business/03fees.html
Oct 03, 2007 · The billable hour remains the standard, even though its death “has been prophesied for 30 or 40 years,” a law firm consultant, Bruce MacEwen, said. “Lawyers are risk-averse, and the billable ...Estimated Reading Time: 7 mins
https://cloutlegal.com/blog/law-firms-without-billable-hours/
Apr 30, 2020 · Photo by Helena Lopes on Unsplash. Develop a strong product-market-fit. Traditional law firms obsess over their utilization rate and revenue. Law firms without billable hours, however, keep a close eye on their product-market-fit at all times.. A law firm with no billable hours sees the PMF as a learning method that ensures their offering meets the market demand.
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