[gamblor956]

For example, before the legal profession went to hell, 1200 billable hours was the requirement. Remaining time was for networking, keeping current, attending conferences, etc. If you billed 1500 hours, you were a rock star and guaranteed to make partner. Enough money was made in the billed hours to pay for the off-meter stuff.

I don't know who told you this, but this is inaccurate. 1600 was the normal billable hour standard prior to the legal boom among large law firms; 1500 was the standard among smaller law firms. Government lawyers were expected to spend 1800 hours or more on legal tasks (36 hours/week accounting for 2 weeks vacation). 1200 was only ever the requirement for partners, since their time by necessity include a lot of unbillable time spent with clients or potential clients.

Enough money was made in the billed hours to pay for the off-meter stuff

Lawyers used to bill their clients for everything, including the paper drafts were printed on. When the state bar associations and clients clamped down on these practices in the late 1990s, billing rates started going up, and kept going up when firms realized that clients were willing to pay.