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 4
MID-SIZE FIRM ECONOMICS
Number of Hours Required for Associate to
Earn Per Capita Attorney Overhead Plus His/Her Own Compensation
Number
of Hours Required to Pay |
Associate's Billed
Hourly Rate |
Overhead
of
$75,000 per attorney (excludes
associate expense) |
Overhead
of $75,000 plus 200-300 hours per year of Non-Revenue Producing
Work |
Overhead,
200-300 hours of Non-Revenue Producing Work*, and Salary at $50,000
plus Benefits (total compensation: $60,000)** |
Overhead,
200-300 hours of Non-Revenue Producing Work*, and Salary at $65,000
plus Benefits (total compensation: $78,000)** |
Overhead,
200-300 hours of Non-Revenue Producing Work*, and Salary at $70,000
plus Benefits (total compensation: $84,000)** |
Overhead
of 200-300 hours of Non-Revenue Producing Work*, and Salary at $80,000
plus Benefits total compensation: ($96,000)** |
Overhead
of 200-300 hours of Non-Revenue Producing Work*, and Salary at $90,000
plus Benefits (total compensation: $108,000)** |
Overhead, 200-300 hours
of Non-Revenue Producing Work*, and Salary at $100,000 plus Benefits
total compensation: ($120,000)** |
$60.00 |
1,250 |
1,450-1,550 |
2,450-2,550 |
2,750-2,850 |
2,850-2,950 |
3,050-3,150 |
3,250-3,350 |
3,450-3,550 |
$80.00 |
937 |
1,137-1,237 |
1,887-1,987 |
2,112-2,212 |
2,187-2,287 |
2,337-2,437 |
2,487-2,587 |
2,637-2,737 |
$100.00 |
750 |
950-1,050 |
1,550-1,650 |
1,730-1,830 |
1,790-1,890 |
1,910-2,010 |
2,030-2,130 |
2,150-2,250 |
$120.00 |
625 |
825-925 |
1,325-1,425 |
1,475-1,575 |
1,525-1,625 |
1,625-1,725 |
1,725-1,825 |
1,825-1,925 |
$140.00 |
536 |
736-836 |
1,165-1,265 |
1,293-1,393 |
1,336-1,436 |
1,422-1,522 |
1,507-1,607 |
1,593-1,693 |
$160.00 |
469 |
649-749 |
1,024-1,124 |
1,136-1,236 |
1,174-1,274 |
1,249-1,349 |
1,324-1,424 |
1,399-1,499 |
$180.00 |
417 |
617-717 |
950-1,050 |
1,050-1,150 |
1,084-1,184 |
1,150-1,250 |
1,217-1,317 |
1,284-1,384 |
$200.00 |
375 |
575-675 |
875-975 |
965-1,065 |
995-1,095 |
1,055-1,155 |
1,115-1,215 |
1,175-1,275 |
*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. |
|