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Landed a lunch presentation at a F100 - thanks NeumannMorgenste

Prospective client accepted my invitation to give a lunch pr...
hyperactive liquid oxygen
  02/10/14
$175? Could only be insurance defense shitlaw.
Well-lubricated Station Ceo
  07/27/15
There are plenty of moderately sized, well-respected firms i...
Garnet queen of the night box office
  07/27/15
...
hyperactive liquid oxygen
  02/10/14
i dunno but 175 for a senior associate is very cheap. senio...
Rose Corner Codepig
  02/10/14
Yes thinking abt quoting 450 for senior associates and 600 f...
hyperactive liquid oxygen
  02/10/14
You're at an AmLaw 100 and there aren't guidelines for this ...
Mind-boggling Institution
  02/12/14
Try ~900
impertinent vivacious locale legend
  07/27/15
Glad to have been of assistance. We can talk in further det...
Floppy shrine
  02/11/14
while i think ur advice is credited i find it said that it w...
Vibrant boiling water
  02/11/14
Brother, sometimes, the opportunity just presents. Never no...
Floppy shrine
  02/11/14
can we just take a moment and acknowledge the good things xo...
Aquamarine underhanded fanboi immigrant
  02/11/14
...
Transparent fluffy nursing home
  02/11/14
...
Floppy shrine
  02/11/14
...
filthy place of business friendly grandma
  02/12/14
...
Adulterous stimulating state trust fund
  02/12/14
"My rates avg about 175$/hr for all of our clients (who...
bateful soggy meetinghouse love of her life
  02/12/14
NeumannMorgenste is a FRIEND to this bort.
lilac crackhouse preventive strike
  02/12/14
...
Blue bearded chapel background story
  07/27/15
*springs trap* At last, I've caught you! Brother only ...
Swashbuckling Bonkers Toilet Seat Generalized Bond
  07/28/15
...
Heady Misanthropic Lodge Roast Beef
  07/27/15


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Date: February 10th, 2014 12:53 PM
Author: hyperactive liquid oxygen

Prospective client accepted my invitation to give a lunch presentation to him and his staff counsel on some securities topics. He hinted that he was unhappy with his current counsel - but I'm not sure which firm that is. We are going to talk after the presentation about opportunities to develop a relationship.

Here's the twist - I'm a senior assoc at a non vault, non AMLAW 100 firm. My rates avg about 175$/hr for all of our clients (who are primarily local). What kind of rate structure should I quote this guy if the presentation goes well and he wants to know how expensive we are vs. the competition. I don't want to quote too low of a hourly rate

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24989668)



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Date: July 27th, 2015 8:38 PM
Author: Well-lubricated Station Ceo

$175?

Could only be insurance defense shitlaw.

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#28423892)



Reply Favorite

Date: July 27th, 2015 8:44 PM
Author: Garnet queen of the night box office

There are plenty of moderately sized, well-respected firms in mid-tier cities where that rate is not beyond the the realm of possibility, though it would definitely be towards the lower end.

OP, you should obviously try to avoid talking numbers at this point, but if it is unavoidable, you should seriously consider quoting him $250 for you and $350 for junior partners.

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#28423937)



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Date: February 10th, 2014 2:38 PM
Author: hyperactive liquid oxygen



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24990328)



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Date: February 10th, 2014 2:49 PM
Author: Rose Corner Codepig

i dunno but 175 for a senior associate is very cheap. senior associates at biglaw firms get billed out at ~700 an hour

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24990401)



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Date: February 10th, 2014 3:49 PM
Author: hyperactive liquid oxygen

Yes thinking abt quoting 450 for senior associates and 600 for partners

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24990900)



Reply Favorite

Date: February 12th, 2014 1:42 PM
Author: Mind-boggling Institution

You're at an AmLaw 100 and there aren't guidelines for this sort of thing?

Those are flyover biglaw rates, so you might want to ease back a little.

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#25003273)



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Date: July 27th, 2015 8:34 PM
Author: impertinent vivacious locale legend

Try ~900

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#28423871)



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Date: February 11th, 2014 7:42 PM
Author: Floppy shrine

Glad to have been of assistance. We can talk in further detail but your discussion at this first meeting shouldn't even touch on things like rate structure, even if it "goes well" -- this is going to be about relationship building. It's a major coup for a senior associate to have a face-to-face meeting with a F100 GC but I'm not surprised given that you followed the steps we set out:

http://www.xoxohth.com/thread.php?thread_id=2488089&mc=56&forum_id=2#24969885



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24998700)



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Date: February 11th, 2014 7:57 PM
Author: Vibrant boiling water

while i think ur advice is credited i find it said that it was given in the context of a vacation planning thread

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24998755)



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Date: February 11th, 2014 8:06 PM
Author: Floppy shrine

Brother, sometimes, the opportunity just presents. Never not rainmaking.

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24998806)



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Date: February 11th, 2014 8:02 PM
Author: Aquamarine underhanded fanboi immigrant

can we just take a moment and acknowledge the good things xoxo does sometimes

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24998777)



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Date: February 11th, 2014 8:04 PM
Author: Transparent fluffy nursing home



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24998794)



Reply Favorite

Date: February 11th, 2014 8:06 PM
Author: Floppy shrine



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#24998807)



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Date: February 12th, 2014 1:15 PM
Author: filthy place of business friendly grandma



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#25003145)



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Date: February 12th, 2014 1:40 PM
Author: Adulterous stimulating state trust fund



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#25003265)



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Date: February 12th, 2014 1:20 PM
Author: bateful soggy meetinghouse love of her life

"My rates avg about 175$/hr for all of our clients (who are primarily local)."

Hot damn that's cheap, especially for securities work. Try $450. You can say that's what the big firms charge for their most junior associates who know nothing about such a complex and ever changing area of the law.

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#25003160)



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Date: February 12th, 2014 1:21 PM
Author: lilac crackhouse preventive strike

NeumannMorgenste is a FRIEND to this bort.

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#25003163)



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Date: July 27th, 2015 7:25 PM
Author: Blue bearded chapel background story



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#28423452)



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Date: July 28th, 2015 4:58 AM
Author: Swashbuckling Bonkers Toilet Seat Generalized Bond

*springs trap*

At last, I've caught you!

Brother only you hold the arcane arts of creating custom Cards Against Humanity games. Bequeath your knowledge of setting up custom game lobbies lest you turn pumo.

(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#28426488)



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Date: July 27th, 2015 8:39 PM
Author: Heady Misanthropic Lodge Roast Beef



(http://www.autoadmit.com/thread.php?thread_id=2490954&forum_id=2#28423906)