Ladies and gentlemen, start your stopwatches!For the first time, O’Melveny & Myers has set down specific billing expectations for its lawyers.
In memos sent out in March, the Los Angeles-based O’Melveny reminded partners and associates that they need to make a “full-time commitment” to the firm. For partners, that means a hefty 2,400 hours a year or more, including nonbillable activities like business development and administrative tasks.
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