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 3
LARGE FIRM ECONOMICS
Number of Hours Required for
Associate to "Break Even" Calculated as Per Capita Attorney
Overhead Plus His/Her Own Compensation
Associate's Billed Hourly Rate |
Number
of Hours Required for Associates to pay Per Attorney Overhead and
Own Compensation |
Number
of Hours to Pay Overhead of $150,000 per attorney (excludes
associate expenses)
|
Number
of Hours to Pay Overhead of $150,000 plus 200-300 hours per year
of Non-Revenue Producing Work* |
Number
of Hours to Pay Overhead, 200-300 hours per year of Non-Revenue
Producing Work* and Salary at $90,000 plus Benefits (total compensation:
$108,000)** |
Number
of Hours to Pay Overhead, 200-300 hours per year of Non-Revenue
Producing Work* and Salary at $100,000 plus Benefits (total compensation:
$120,000)** |
Number
of Hours toPay Overhead, 200-300 hours per year of Non- Revenue
Producing Work* and Salary at $115,000 plus Benefits (total compensation:
$138,000)** |
Number
of Hours toPay Overhead, 200-300 hours per year of Non- Revenue
Producing Work* and Salary at $125,000 plus Benefits (total compensation:
$150,000)* |
Number
of Hours toPay Overhead, 200-300 hours per year of Non- Revenue
Producing Work* and Salary at $130,000 plus Benefits (total compensation:
$156,000)** |
$120.00 |
1,250 |
1,450-1,550 |
2,350-2450 |
2,450-2,550 |
2,600-2,700 |
2,700-2,800 |
2,750-2,850 |
$140.00 |
1,071 |
1,271-1,371 |
2,042-2,142 |
2,128-2,228 |
2,257-2,357 |
2,342-2,442 |
2,385-2,485 |
$155.00 |
968 |
1,168-1,268 |
1,865-1,965 |
1,942-2,042 |
2,058-2,158 |
2,136-2,236 |
2,174-2,274 |
$160.00 |
937 |
1,137-1,237 |
1,812-1,912 |
1,887-1,987 |
1,999-2,099 |
2,074-2,174 |
2,112-2,212 |
$175.00 |
857 |
1,057-1,157 |
1,674-1,774 |
1,743-1,843 |
1,846-1,946 |
1,914-2,014 |
1,948-2,048 |
$190.00 |
789 |
989-1,089 |
1,557-1,667 |
1,621-1,721 |
1,715-1,815 |
1,778-1,878 |
1,810-1,910 |
$200.00 |
750 |
950-1,050 |
1,490-1,590 |
1,550-1,650 |
1,640-1,740 |
1,700-1,800 |
1,730-1,830 |
$225.00 |
667 |
867-967 |
1,347-1,447 |
1,400-1,500 |
1,480-1,580 |
1,534-1,634 |
1,560-1,660 |
$250.00 |
600 |
800-900 |
1,232-1,332 |
1,280-1,380 |
1,352-1,452 |
1,400-1,500 |
1,424-1,524 |
*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.
**Benefits are estimated at 20% of Salary. |
|
