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How often do partners reduce hrs you billed?
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Date: March 8th, 2010 8:38 PM Author: hateful sanctuary cuck Like when you spend 10 hrs writing brief, but they only let you bill 8 because it should have only taken 8.
Trying to get an idea of how common this is. Thanks |
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Date: March 8th, 2010 8:39 PM Author: Talking point seldom, and usually only when clients complain, which is very seldom as well. The greatest myth among summers and first years is that their hours aren't billed 100% to the client. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336077) |
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Date: March 8th, 2010 8:40 PM Author: Jet Indian Lodge clients don't complain about specific entries for substantive work on the grounds that something "should have taken" t-3 hours (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336089) |
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Date: March 8th, 2010 8:42 PM Author: Talking point exactly. which is why they get billed 100% for time entered. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336103) |
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Date: March 8th, 2010 8:40 PM Author: Jet Indian Lodge only common among 0Ls on here (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336083) |
Date: March 8th, 2010 8:41 PM Author: contagious gunner jap almost never unless they have given the client a hard estimate to get the relationship (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336097) |
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Date: March 8th, 2010 10:16 PM Author: slate address incel I'm sick of the word "relationship" used to mean "business." It's fucking business. They're not making out at the drive-thru. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336977) |
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Date: March 8th, 2010 11:33 PM Author: contagious gunner jap they arent just hoping for the one off business. they want a lasting client who will come back for more deals (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337922) |
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Date: March 8th, 2010 8:43 PM Author: Abusive heaven You'd still get credit for the time, they'd just cut the client a break.
But your realization rate will be affected and if that is too low at the end of the year, you may have problems in your review. |
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Date: March 8th, 2010 8:45 PM Author: Cowardly blue ratface Rates are going down ITE. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336122) |
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Date: March 8th, 2010 8:46 PM Author: Pea-brained Titillating Mad Cow Disease This is flat out wrong. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336129) |
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Date: March 8th, 2010 8:56 PM Author: House-broken big-titted step-uncle's house dood, you just don't understand deeh's brilliant "flame" (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336208) |
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Date: March 8th, 2010 8:57 PM Author: adventurous brass jewess gay wizard our rates have gone up. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336216) |
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Date: March 8th, 2010 8:55 PM Author: Odious at-the-ready multi-billionaire water buffalo I luck out with this... even if they adjust down at my firm, it still counts towards our billables.
... and there's literally next to no work at my firm right now, so... it could be worse. |
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Date: March 8th, 2010 9:10 PM Author: contagious gunner jap for some reason i didnt think you were a lawyer (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336349) |
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Date: March 8th, 2010 9:12 PM Author: Odious at-the-ready multi-billionaire water buffalo lol
i get that in real life too bro
it's the highest compliment anyone can pay me |
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Date: March 8th, 2010 9:18 PM Author: passionate tanning salon When I was a first year I had a second year tell me I was the least lawyerly attorney at the firm...then we high fived (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336417) |
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Date: March 8th, 2010 9:21 PM Author: Odious at-the-ready multi-billionaire water buffalo lol, nice bro
All I care about is hitting billables, man - my firm's way more chill than the average firm (it's midsized - ~75 attys), but we've still got dummies who sit at the office twiddling their thumbs for face time... I don't get that. |
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Date: March 8th, 2010 10:29 PM Author: fantasy-prone french chef same. I had no clue. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337107) |
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Date: March 8th, 2010 9:21 PM Author: Abusive heaven Right, though your realization rate will be lower at the end of the year. This is a number they'll pay attention to. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336444) |
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Date: March 8th, 2010 9:22 PM Author: Odious at-the-ready multi-billionaire water buffalo I have no clue what this means... the amount I'm billing out, right? (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336456) |
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Date: March 8th, 2010 10:03 PM Author: hateful sanctuary cuck bump. I dont understand this either. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336801) |
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Date: March 8th, 2010 10:05 PM Author: Pea-brained Titillating Mad Cow Disease hours the firm was able to successfully bill divided by the total number of hours you billed. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336837) |
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Date: March 8th, 2010 10:07 PM Author: stirring garnet location immigrant how much of what you billed that the firm was able to collect on, I believe. basically the money that you actually earned for the firm (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336861) |
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Date: March 8th, 2010 10:11 PM Author: Odious at-the-ready multi-billionaire water buffalo That's what I was assuming... I've seen the firm accounting sheets, and they do break down on this amount too. Thx buddy (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336898) |
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Date: March 8th, 2010 10:12 PM Author: Abusive heaven This is correct. Amount collected/amount billed. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336915) |
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Date: March 8th, 2010 9:06 PM Author: Chocolate Razzle Set Useless Brakes Rare. Happens most often on large cases where 20+ attorneys are billing and they are all billing 30, 40, or 200 hours per month and you bill 1.5. Your 1.5 would tend to be taken off the bill. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336308) |
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Date: March 8th, 2010 9:08 PM Author: Beta Stimulating Factory Reset Button All the more reason to pad. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336327) |
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Date: March 8th, 2010 9:15 PM Author: Chocolate Razzle Set Useless Brakes Not on a case like I describe. There you have too many people looking at the bill. If you were given 1.5 hours of work it was likely by a service partner and he is going to want to see that amount of hours and no more. Further, he won't ultimately hear if your hours are struck from the bill. He does not send the bill to the client but he reviews it. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336402) |
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Date: March 8th, 2010 9:16 PM Author: Beta Stimulating Factory Reset Button All the more reason to pad.
/thread |
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Date: March 8th, 2010 9:23 PM Author: Abusive heaven No dude, you still get credit for the work you did. If they don't end up billing the client for it, that's a partner decision, but it shouldn't affect your billables. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336466) |
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Date: March 8th, 2010 9:24 PM Author: Odious at-the-ready multi-billionaire water buffalo I think this depends on the firm, from what I've heard from partners at mine... like we don't do it that way, but from what one was telling me there's a number of firms that do. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336483) |
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Date: March 8th, 2010 10:15 PM Author: Abusive heaven Are you telling me you could spend 5 hours working on something and if a partner arbitrarily decides it was only worth one hour then you lose billable credit for four hours? I think I would go fucking postal on someone. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336957) |
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Date: March 8th, 2010 10:17 PM Author: Odious at-the-ready multi-billionaire water buffalo I swear, from what I've heard, I've heard firms in my market do this.
I had a client that got switched to pro bono after I had done close to 20 hours on it... I almost blew a gasket until it got switched back. |
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Date: March 8th, 2010 10:35 PM Author: Abusive heaven I don't think I would last in a firm that did this. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337170) |
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Date: March 8th, 2010 9:20 PM Author: mind-boggling public bath hissy fit Lol at the bullshit in this thread. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336439) |
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Date: March 8th, 2010 10:10 PM Author: spectacular stage selfie tell us the troof (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336887) |
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Date: March 8th, 2010 9:37 PM Author: hateful sanctuary cuck Whats "realization rate"? is that different from billables. And if it affects your realization rate and thats what matters, then doesnt this have a pretty strong effect.
Thanks again. |
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Date: March 8th, 2010 10:15 PM Author: Abusive heaven Amount collected/amount billed. Simple example. If you bill 10 hours and partners ultimately collect on 9, that's a 90% realization rate. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336972) |
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Date: March 8th, 2010 10:09 PM Author: stirring garnet location immigrant for some of our firm's smaller clients that have been with us for years, and know how much certain shit costs, my boss cuts the fuck out of my hours. Then again, I am pretty new at this still, and take forever on most things that I do. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336875) |
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Date: March 8th, 2010 10:12 PM Author: Odious at-the-ready multi-billionaire water buffalo That's how it's been explained to me, man... at the start I was trying to be too efficient, and kept messing stuff up. The partner in charge of my group explained to me that he'd dock the hours the client got, and it's expected to be slow at the start. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14336911) |
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Date: March 8th, 2010 10:28 PM Author: stirring garnet location immigrant me too. I tried to be "fair" and cut my own hours at first, but then my boss told me to just list everything and he would cut it (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337097) |
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Date: March 8th, 2010 10:30 PM Author: Odious at-the-ready multi-billionaire water buffalo Absolute man, it's better that way because, apparently, it's what everyone else does. So it's a huge competitive disadvantage not to, unfortunately. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337111) |
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Date: March 8th, 2010 11:37 PM Author: nighttime office This is a classic baby associate mistake. Always bill all of your hours and let the partners sort out how much of that to charge the client. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337975) |
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Date: March 8th, 2010 11:39 PM Author: opaque angry lay i disagree. you have to compensate. if you wrote a 5 page, double-spaced memo and billed 25 hours, unless it's on an extremely esoteric topic, you're screwing yourself. and if it's that hard to write about, you should spend 10 hours and then go see the partner and let him/her know that you're having difficulty and if you should continue or do something different, etc. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14338015) |
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Date: March 8th, 2010 11:42 PM Author: nighttime office If you're having difficulties or its taking you a lot longer than anticipated then you should go and tell the partner so as to confirm he or she wants you to keep going. But ultimately you should write down the actual hours you spend. It's the partner's decision how much of the time should be billed to the client. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14338065) |
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Date: March 8th, 2010 11:43 PM Author: opaque angry lay yes, but if you don't go see the partner and you write down 25 hours for a five-page memo, you're screwing yourself. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14338094) |
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Date: March 9th, 2010 1:38 AM Author: Abusive heaven no you're not. If that's what it took, that's what it took.
If you jacked around for half of it, spent time chatting and on XOXO then of course you don't bill for it. But if you spent the time, did the research, wrote a polished memo and it took 25 hours - they you bill the 25 hours. If the partner doesn't think it was worth the time, they'll sort it out on the bill. |
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Date: March 8th, 2010 11:31 PM Author: opaque angry lay depends on the client, fee arrangement, potential for more work down the line, etc.
most times they'll cut off a dollar amount, not specific hours. and if they do cut hours they'll cut them off the top and not for specific tasks.
n00bs. |
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Date: March 8th, 2010 11:34 PM Author: contagious gunner jap exactly (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337927) |
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Date: March 8th, 2010 11:36 PM Author: nighttime office At my firm your billable hours aren't reduced as such but the partner might decide for whatever reason to not charge the client for all those hours.
The reports the partners get show them how much each associate has billed in hours and how much of that has been charged. Strictly speaking your target is billable hours not charged out dollars but if there was a lot of your time that wasn't being charged out then questions might be asked. |
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Date: March 8th, 2010 11:37 PM Author: opaque angry lay agree, but if the partner is writing off a lot of your hours you'll be counseled on the issue right away. it's not like a quarter of your hours will be written off and you only find out about it at the end of the year. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14337982) |
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Date: March 8th, 2010 11:39 PM Author: nighttime office Yes. Unless there is some special fee arrangement with the client then it's pretty unusual to not charge time out as recorded. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14338024) |
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Date: March 9th, 2010 1:23 AM Author: Abusive heaven Beware of partners who are too quick to write off your time. At the firm I was at - certain partners had a bad reputation of doing this particularly to associates who weren't yet aware of it. They did so to keep a particular client of their's happy - but you take the hit as it looks bad in your review (partner's also have to justify why they didn't bill out your hours, but for them, it's easier since they get to say whatever they want). Anyway - you end up looking bad at the end of the year because of it.
This seems to happen on deals that the Partner takes even though he knows there's not enough money in it to really justify the amount of work that will be involved. Often it'll be some task that they'll say spend and hour or two and realistically ends up taking 20 hours.
When you see these partners in the hall - learn to duck and cover. |
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Date: March 9th, 2010 1:27 AM Author: Pea-brained Titillating Mad Cow Disease I got this vibe from a partner I worked for last summer. Dude quoted the client some absurdly low estimate without doing any research into the client's underlying issues. When I relayed that number to the midlevel associate who was supposed to be supervising me he told me to close the door. He then proceeded to cuss the partner out for being a "dumb fuck lateral piece of shit." (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14339275) |
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Date: March 9th, 2010 1:32 AM Author: Abusive heaven yes - midlevels can be your friends for identifying these partners. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14339328) |
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Date: March 9th, 2010 2:05 AM Author: Low-t Lascivious University Jesus, what kind of piece of shit firm dings associates' hours when partners cut their hours on the bill? Now, that being said, if you're notoriously slow or an overbiller, you're going to get a talk and it's going to hit you in your review or a supervisor may choose not to work with you again. |
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Date: March 9th, 2010 2:13 AM Author: Abusive heaven This. (http://www.autoadmit.com/thread.php?thread_id=1245143&forum_id=2#14339561) |