Cons to the Billable Hour
When I talk about billing time,
no one comes to the defense of the billable hour.
When I mentioned my firm's now 1900 billable-hour requirement,
people commented, surprised.
I know more of you here, on LinkedIn bill your time than talk about it.
I've shared how I make it work.
I've shared how it can help you manage your time better.
But, let's give in:
What are the cons to the billable hour?
I'll go first:
😕 It's not applied uniformly across practice areas or firms, meaning it's easier to acquire hours for some than others.
😕 It's not something you can control, especially in the beginning: associates don't choose who gives them work or how long that work takes.
😕 It becomes the priority and focus, ahead of other life-giving or practice-sustaining things (self-care, exercise, learning, networking, client and business development).
😕 It encourages exaggerated (and/or double) billing.
Your turn.