Tag Archives: Billable hours

Are Bonuses Hampering Your Career Move?

Law firms pay associate bonuses not only to incentivize excellent performance and high productivity, but also to entice lawyers to join them and stay. Firms may pay discretionary bonuses predicated on excellent associate work and strong financial performance of the firm, hours bonuses requiring a minimum number of annual billable hours for any bonus eligibility…
Read more

Billable or Nonbillable—How Many Kinds of Time are There?

Law firm lawyers live by the billable hour, but there are many other types of hours—not all of them billable—expected of you by the firm. In addition to performing work for clients, partners (and aspiring partners) also must squeeze into their busy workdays other essential functions such as attorney training, mentoring and development, client development…
Read more

Show Me the Money!

Money shouldn’t be the primary motive for a career move, but it’s an important factor. In a down market, lawyers have little bargaining power; but in good times, law firms compete financially for the best and the brightest. Historically, elite New York law firms led the pack in associate salary increases, and other firms struggled…
Read more

Writing an Effective Business Development Plan

An effective business development plan lays out exactly how the potential lateral lawyer will advance the target firm’s strategic plan, most commonly through expanding its client base. Moreover, it demonstrates that the candidate has that “It Factor” to justify the firm’s investing the time and money necessary to complete the hire and execute the plan.…
Read more

Telephone: (310) 839-6000

E-mail:  info@seltzerfontaine.com

2999 Overland Avenue, Suite 120

Los Angeles, CA 90064