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Boomer reflects on billing 3,500 hrs: "I wouldnt trade those years for anything
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Date: May 25th, 2018 9:34 AM Author: topaz alcoholic idiot "“As a Cravath associate in the 1980s for nearly 10 years, my ‘low’ was 2,500 hours and my ‘high’ was 3,500. During one nine-month stretch on takeover litigation as the lead associate, I averaged 90 hours a week, and at the end of it worked for 56 hours straight without a break or any sleep, to meet a filing deadline (made by chartering a helicopter to get the papers to court on time). I wouldn’t trade those years for anything. It was the best work possible for a young lawyer, at the best law firm on earth.”"
http://www.abajournal.com/news/article/do_you_believe_you_are_fairly_compensated_for_your_work |
Date: May 25th, 2018 9:34 AM Author: topaz alcoholic idiot This line about chartering a helicopter is as fraudulent as the 3,500 hours he charged his clients for (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36124941) |
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Date: May 25th, 2018 9:41 AM Author: Infuriating judgmental organic girlfriend corn cake Cr. Boomers are lying scum (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36124976) |
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Date: May 25th, 2018 9:39 AM Author: violent bawdyhouse They weren't working that many hours in the 80s. Cravath PPP was only about 700k in 1986 or 1.6 million in today's dollars. They were working far less than now (in addition to lower billing rates and less leverage).
https://www.nytimes.com/1987/07/02/business/busy-law-firms-profits-leap.html
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Date: May 25th, 2018 9:40 AM Author: topaz alcoholic idiot cr it's total bullshit so he can bitch to his current associates about how he worked so much harder back in the day, with a smile on my face! (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36124970) |
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Date: May 25th, 2018 9:41 AM Author: sable meetinghouse cr (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36124975) |
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Date: May 28th, 2018 9:34 AM Author: marvelous know-it-all voyeur yarmulke TBF there was a lot more inefficiency then. You had to call in and check your messages. And when there were things like TROs going on — which there were a ton of in the junk bond corporate raider days — you would be in the office 24/7, though you often had to wait for shit (from typists, from courriers, etc.) and couldn’t bill that.
Also $1.6 M was not bad when a 3br apartment on CPW cost $1 M. |
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Date: May 25th, 2018 9:43 AM Author: hairraiser field Uphill both ways etc (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36124985) |
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Date: May 25th, 2018 9:43 AM Author: grizzly giraffe this may sound...bizarre (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36124988) |
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Date: May 25th, 2018 9:47 AM Author: Saffron alcoholic ratface gas every last boomer starting with this one (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36125003) |
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Date: May 25th, 2018 10:40 AM Author: Mind-boggling copper private investor Just bill 3000 hours on average a year and not make partner. Aka Cravath system. (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36125303) |
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Date: May 25th, 2018 10:43 AM Author: nighttime bearded range fortuitous meteor Boomer reflects on u billing 3,500 hrs: "I wouldnt trade those years for anything
ftfy. |
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Date: May 25th, 2018 10:46 AM Author: topaz alcoholic idiot (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36125333) |
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Date: May 25th, 2018 10:44 AM Author: Burgundy Exhilarant Locus Fraudulent boomer lies.
Also this is obviously johnsmeyer flaming the ABA |
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Date: May 28th, 2018 9:03 AM Author: topaz alcoholic idiot bump for Memorial Day billers (http://www.autoadmit.com/thread.php?thread_id=3986224&forum_id=2#36139349) |