Community Table: Ditching Billable Hours, Maximizing Earning Potential

In this episode’s discussions around the Community Table:

• The Un-Billable Hour takes on a very real move away from the “billable hour.” As Christopher says, the billable hour “is the worst thing that ever happened to law.” Clients pay for results, not time. Examine alternative fee structures as technology changes the practice of law.
  
• Young lawyers looking to maximize lifetime earnings have choices. Big firm partnership track or solo practice? Ask yourself if you have the “fire” under you to build a practice from nothing, because there’s no ceiling on earnings when you build your dream. But if that’s not you, maybe the big law firm path is right.
• No matter where you are, knowing where you want to get to is hard. Christopher explains how charting a career path takes a real, conscious effort, and it can change over time. Make time for contemplation and move with purpose. 

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Mentioned in This Episode