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Question for the OT lawyers, accountants, and consultants
Posted on 12/30/15 at 9:38 am
Posted on 12/30/15 at 9:38 am
Or anybody else who has to bill time to different clients. What was your % utilization for 2015? We had a slow year, so I didn't come anywhere near my 85% target.
9
Posted on 12/30/15 at 9:41 am to TheAlmightySmash
95%
Posted on 12/30/15 at 9:41 am to TheAlmightySmash
bout tree fiddy
Posted on 12/30/15 at 9:55 am to TheAlmightySmash
110%
Posted on 12/30/15 at 9:57 am to TheAlmightySmash
97%
Posted on 12/30/15 at 10:04 am to TheAlmightySmash
I don't even calculate it like that to be honest. I have a series of billable hour requirements, which I met.
Posted on 12/30/15 at 10:19 am to Mo Jeaux
quote:
I don't even calculate it like that to be honest
I hate the way we do it. We get penalized for taking paid sick/vacation. I think there might be 1 associate that actually hit 85 but the managers get stingy with the work when it's slow for obvious reasons. I'm also a new hire so I get the scraps.
Posted on 12/30/15 at 10:20 am to TheAlmightySmash
If you aren't billing 40 hour days you aren't trying hard enough.
Posted on 12/30/15 at 10:35 am to TheAlmightySmash
The key is whether it is in your control or not. If your firm didn't land enough work to keep folks busy (and you aren't responsible for selling work), then hard to fault you. On the other hand, if there was plenty of work and either (1) the "internal market" didn't want to use you for some reason, or (2) you just didn't do as much work as others, them maybe it's more of a you issue. 
Posted on 12/30/15 at 11:01 am to TheAlmightySmash
I landed an in-house position with a major client this last year so I didn't have to worry about it, which was really nice. I just signed for another year, so 2016 will be at least 100% billable.
Honestly, it has been so nice not having to worry about billable hours that I will probably just look for a position with a company whenever this in-house position is done.
Honestly, it has been so nice not having to worry about billable hours that I will probably just look for a position with a company whenever this in-house position is done.
Posted on 12/30/15 at 11:04 am to ithad2bme
quote:
I landed an in-house position with a major client
You live the dream. I have to fight for work with 6 other associates right now.
Posted on 12/30/15 at 11:08 am to K E V 8 4
quote:
If your firm didn't land enough work to keep folks busy (and you aren't responsible for selling work), then hard to fault you.
~60% of our business is consulting O&G projects so we're definitely down but i'm not sure I should be this slow.
quote:
(1) the "internal market" didn't want to use you for some reason, or (2) you just didn't do as much work as others, them maybe it's more of a you issue.
hope to god it's neither of these
Posted on 12/30/15 at 11:18 am to TheAlmightySmash
My goal when I was in it was 85% but that never happened in my service line. I worked on a lot of BD work that wasn't billable. Those metrics are fabrications anyway since you have to eat hours on projects and can't ever charge what you actually worked.
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