Above the Law Blog Finds Majority of Lawyers Would Choose to Work Fewer Hours for Less Pay if Given the Option
Read the results of a poll recently conducted by David Lat at the AbovetheLaw blog reporting that 51% of responding lawyers would be willing to work fewer hours for less pay if given the choice.
When asked what they considered a reasonable "work less for less pay" arrangement, attorneys suggested a reduced workload of either 1600 or 1800 billable hours, a nine-to-five job on weekdays without regard to billable hours, or three-day or four-day weeks.
Lat reported that "respondents were willing to cut their salaries dramatically to achieve work-life balance:
- At the 1600-hour level, most respondents would be willing to accept a salary of $100,000 to $120,000, with a few outliers seeking $160,000 or more.
- About half of respondents seeking an 1800-hour year were willing to accept a salary of $120,000 to $140,000, with the other half suggesting a range between $140,000 and $180,000.
- Associates hoping to work nine-to-five without a billable hour requirement suggested salaries ranging from $100,000 to $160,000, with about three-fifths in the $100,000 to $120,000 range."
The results of Lat's survey are consistent with the results of an ABA survey we blogged about last July reporting a willingess on the part of associates to take pay cuts in exchange for reduced hours.
Work life balance is what we specialize in and can be especially beneficial for all lawyers who are required to produce a certain number of billable hours.
Outsourcing routine responsibilities to our company creates an environment where they are more focused and less stressed.
Posted by: Kelli Barr | Mar 20, 2008 8:24:26 AM
Working in a law firm can get you all the money in the world, but no time to spend it.
Posted by: Anirudh | Mar 20, 2008 8:50:25 AM
Every time I see news reports like this, I am so happy I never did any time at Big Law. I will gladly suffer the slings and arrows of solo practice over zillions of hours so someone else can earn 20 times as much as I do. I still work hard, but I don't have to deal with the other hassles.
Posted by: Steve Imparl | Mar 20, 2008 12:54:22 PM
A primary demand on an attorney's time also flows from business development tasks. One such task is writing and contributing articles to publications in an effort to build a profile with prospects.
A smart way to accomplish this is to hire a legal ghostwriter, who can do the heavy lifting on a written piece.
Attorneys can then spend the time they save with those who matter more than their practice.
Posted by: Dan Cox | Mar 26, 2008 2:15:37 PM