Are v10 firm clients fee sensitive?
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There is a first year associate in my office who likes to over-order on summer lunches (extra entree, multiple personal sides, dessert for the road, etc.). People are definitely talking about it and the associate is developing a reputation for a lack of self-awareness. Worth pulling him aside and gently mentioning to him? Don’t think the associate is gonna figure it out on his own since his head is in the clouds and he doesn’t have many friends in the office.
Anyone find it weird how big of a chip NOT coming from privilege is to some lawyers? Seems like these people think any conversation about debt and privilege is an affront to their existence as if we were even talking about them or their qualifications. Like b, what do you want from me? Life isn't fair, I didn't determine your life. Why you bitter at me for, if this job ain't making you happy then just leave, no need to be insecure about it and say it's a money thing or whatever
eh let em vent71%
Yes they are, you people are delusional if you think companies pay out at a firms MSRP
@Skadden: not to sound like an asshole but legitimately TIL there's a firm called Clark Hill
I’ll say it depends. For example we represent emerging fund managers raising their first institutional fund. They hire us because they very much want to signal that they’re using a serious firm and know what they’re doing, but still tend to be more fee sensitive than our larger fund manager clients. But even our gigantic clients complain about our bills.
Some can be to a degree, but the term “fee sensitive” here does not mean what it means at downmarket firms.
Not like everywhere else. Some matters more so than others. But let’s not kid ourselves, people pay.
Some are (relatively), some aren’t. Depends on both the client and the matter.
Idk at mine there’s always negative attention and energy whenever things get high. Maybe just the clients I work with, who are typically the firm’s biggest, so maybe there’s more sensitivity there
Depends on the client and the deal