A Day in the Life

A Day in the Life – Associate in Traditional Firm T B B N B L B N B B N B T 7am 8am 12pm 1pm 7pm 8pm • (T) – prepare and travel to and from office • (B) – billable work at $250 / hour • (N) – ~1 hour of non-billable and administrative for each 2 hours of billable work • (L) – 1 hour for lunch and breaks 48 weeks / year X 5 days / week X 7 billable hours / day X $250/hr 1680 hours / year X $250 / hour = $420,000 client fees 1

A DayKids to the Life at Heritagereturn in school Kids Law P P B B N L B T N P B P B 7am 8am 9am 12pm 1pm 3pm 5pm 7pm 8pm • Work ‘9-5’ plus one evening hour, including 1 hour (T) for travel to and from office for client meetings • Flexible (P)ersonal hour mid-day; work a (B)illable hour in the evenings after the children are in bed • (B) – billable work at $250 / hour • (N) – non-billable and administrative (L) – 1 hour for lunch 48 weeks / year X 5 days / week X 5 billable hours / day X $250/hr 1200 hours / year X $250 / hour = $300,000 client fees 2

A Side – by – Side Comparison Traditional Criteria Firm Required Hours 1700 1200 (70% as many) Compensation $120,000 $150,000 (25% more) Flexibility Traditional hours Work on your schedule Effective hourly $45 / hr $78 / hr pay (173% as much) 3

A Day in the Life

by Nicole Garton-Jones on Jan 24, 2010

Accessibility

Categories

Tags

Upload Details

Usage Rights

1 Embed 2

Statistics

A Day in the Life — Presentation Transcript