Billable Hours Archives

Journal

Will legal tech doom the billable hours model for law firms?

Oxford University history student Lewis Ogg looks into the impact of legal tech on the way firms charge for their legal services, and calls time on billable hours
Oct 18 2022 10:23am
8
Reed Smith counts ‘sustainability hours’ towards billing targets

New 25-hour policy considered to be ‘industry-first’
May 23 2022 9:34am
BCLP bumps target hours following pay hike

Global firm raised NQ salaries to almost £100k last month
Dec 10 2021 11:59am
Reed Smith joins NQ salary war with 19% boost to £107.5k

Juniors billing 2,000+ hours will earn £132.5k
Nov 15 2021 10:48am
Norton Rose Fulbright ups NQ base salaries 12% to £95k

‘Total cash’ can reach £133k with bonus, says firm
Nov 8 2021 9:18am
Pinsents ditches billing targets in bonus shake-up

International firm will now set financial rewards against criteria including colleague trust and environmental impact
Jul 14 2021 9:23am

Diversity and inclusion efforts count towards billable targets, Hogan Lovells tells lawyers

Credit system applies to activities including organising D&I events and mentoring underrepresented colleagues
Jan 21 2021 10:26am
Reed Smith ups NQ lawyer pay — and billable hour targets

Rookie pay hits £90,000, as billing targets increase from 1,650 to 1,700 hours
Jan 24 2020 10:59am
Clifford Chance mulls scrapping billable hour as performance metric

Pilot applies to trainee solicitors and up
May 3 2019 8:11am
Billable hours: NQs work harder than mega-earning partners

And trainees aren’t far behind
Oct 19 2017 10:48am

Will legal tech doom the billable hours model for law firms?