Times for submissions
Call me old school. I started writing on typewriters. And that meant Courier was the font. (Actually I liked Elite a bit more, but I digress.) You typed your pages in Courier, and you typed them double spaced. If you search online for manuscript formatting today, you find recommendations — and they are quite particular — for the same thing: Courier double-spaced. Compile your novel in Scrivener for manuscript and you get Courier.
Today at the Pikes Peak Writers Conference, though, four working editors in traditional publishing said they don't want — to the point of hating — Courier.
Use Times 12 pt double spaced, and have 1" margins all around, and indent your paragraphs 1/2" — and indent in styles, not using tabs. (Page layout down the line is done using styles, not your hacky carriage returns, spaces and tabs.
And do NOT use Courier. (It was mentioned in the same breath as Comic Sans. Enough said?)
So there it is, another data point.
(For the record, we're fine with Courier, but agree about using styles. Learn the styles usage in your wordprocessor. Find them under Help. Be kind to those downstream.)