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A thread to discuss the annual billing target of your team's Partner and how much does one achieve across practices? Particularly interested in knowing Disputes targets and how targets vary across practice areas.
T1/Disputes/15 cr/ went up from 12 cr last year/ hit it each time/ Team of 1 partner, 1 PA, 2 SAs, 3 Associates.
Impressive, if true! Lets average out salaries at each level - around 23.5L at A, 45L at SA, 65L at PA. So looks like team cost won't be more than 3 cr. Assuming other misc costs to be ~2 cr, the team is still generating more than 9 cr in pure profits! The partner must be taking home a good amount even after giving the firm its share
Funds trio targeting 12cr each partner. Total revenue around 36-40cr.