updated: July 23, 2008
Boston Bar Association        
   

Report of the Boston Bar Association Task Force on
Professional Challenges and Family Needs

FACING THE GRAIL: Confronting the Cost of Work-Family Imbalance


APPENDIX A, CHART 2

MID-SIZE FIRM ECONOMICS

Attorney Profitability Based on Per Capita Distribution of Representative Aggregate Expenses

Number of Hours Required to Pay:

Attorney's HourlyRate

Overhead of $75,000 per attorney (excludes associate expense)

Overhead of $160,000 per attorney (includes associate expense)

Overhead of $160,000 plus 200-300 hours of Non-Revenue Producing Work*

Overhead of $160,000, 200-300 hours of Non-Revenue Producing Work, and Partner Compensation of $120,000

Overhead of $160,000, 200-300 hours of Non-Revenue Producing Work, and Partner Compensation of $240,000

Overhead of $160,000, 200-300 hours of Non-Revenue Producing Work, and Partner Compensation of $360,000

Overhead of $160,000, 200-300 hours of Non-Revenue Producing Work, and Partner Compensation of $480,000

$60.00

1,250

2,667

2,867-2,967

 

 

 

$80.00

937

2,000

2,200-2,300

 

 

 

$100.00

750

1,600

1,800-1,900

 

 

 

 

$120.00

625

1,333

1,533-1,633

 

 

 

$140.00

536

1,143

1,343-1,443

 

 

 

$160.00

469

1,000

1,200-1,300

1,950-2,050

2,900-3,000

3,450-3,550

$180.00

417

889

1,089-1,189

1,756-1,856

2,422-2,522

3,089-3,189

3,756-3,856

$200.00

375

800

1,000-1,100

1,600-1,700

2,200-2,300

2,800-2,900

3,400-3,500

$225.00

333

711

911-1,011

1,622-1,722

1,977-2,077

2,511-2,611

3,044-3,144

$250.00

300

640

840-940

1,320-1,420

1,800-1,900

2,280-2,380

2,760-2,860

$275.00

273

582

782-882

1,218-1,318

1,655-1,755

2,091-2,191

2,527-2,627

$300.00

250

533

733-833

1,133-1,233

1,533-1,633

1,933-2,033

2,333-2,433

*Non-Revenue producing work includes: mentoring and supervision, being mentored, marketing, training, being trained, department and firm administration, 25 hours per year of pro bono work, bar association participation, non-billable client networking and intra-firm meetings and events. The ratio of each varies according to one's interests, responsibilities and seniority.

 


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