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This is 1200/2000 billable hours per year? I'm not following the math.

In the white-shoe days, attorneys were expected to bill 1200 hours per year, which comes out to 23 per week. There was still a 40-hour expectation, but they could spend the rest of their time on self-directed pursuits professional/career development, networking, looking for clients, and call it "work".

Now, attorneys in those firms are expected to bill 2000 hours, which means they have to be putting a full-time commitment to just billing, and any professional development or networking has to come on top of that.

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