URGENT: Discrete research assignment with tight deadline
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Poast new message in this thread
Date: July 2nd, 2022 8:04 AM Author: Glittery hospital
Good morning, I hope you’re enjoying the holiday weekend. An important client of the firm reached out to me and would like us to do a 50 state survey on how net operating losses are handled in each state for S corporations generally, and also after a change of control. To be safe, let’s also include DC, PR, Guam, NYC and maybe just the other large US cities.
This client is very cost conscious and we had a billing issue with the last matter so please put your time on this down as client development time. Don’t worry, I’ll let the necessary people know that you stepped up here.
The client needs to present this at an internal meeting on Tuesday afternoon so I’d like to get this over to her by Monday night. Please do not use Word or Excel for this, client has requested PowerPoint. Also, please use client’s company PowerPoint template (see attached).
We really appreciate you stepping up here on a holiday weekend. Please keep me in the loop, but note that I’ll be with family at our Swiss mountain house this weekend so might have limited connectivity.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783201) |
Date: July 2nd, 2022 8:14 AM Author: glassy soul-stirring plaza
Auto reply:
Thank you for your email. I am out of office until May 31, but I will be checking email periodically. I will be flying on Friday so I will have limited connectivity. For immediate assistance, please contact [useless associate] or [even more useless secretary].
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783216) |
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Date: July 2nd, 2022 8:29 AM Author: glassy soul-stirring plaza
Hi, Dickey. Thanks for thinking of me. I got some capacity. My flight got delayed to this AM and the in flight wifi is spotty, so I cna start on this once wheels hit the ground.
I am familiar with this client. And am aware of the last billing matter -- I didn't work on it but I know who did (and can guess why it became an issue). I will keep the hours light here.
Do you have a few mins to discuss later today?
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783238) |
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Date: July 2nd, 2022 8:41 AM Author: Glittery hospital
Thanks for stepping up here Elliot. You are one of the good ones.
No need to check-in, I trust you on this! Please just send me the PowerPoint once the assignment is complete and I’ll review then.
Client might be in line for a big promotion if this goes well, which I don’t need to tell you could mean good things for the firm.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783257) |
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Date: July 2nd, 2022 9:24 AM Author: glassy soul-stirring plaza
Aboslutely. Leave it with me. Can I bill the Westlaw research to the client? Or, do you want me to use free resources.
I'll take a look in our firm database to see if anyone has done something similar -- no need to boil the ocean here.
Also, here is my personal cell in case you need anything 212 222 2222. I am in the Rockies visiting family -- this might be my grandfather's final 4th so I might be out of pocket every now and then.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783312) |
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Date: July 2nd, 2022 10:20 AM Author: Glittery hospital
Do NOT bill the client for any research. They are very cost sensitive! We do not want a repeat of last time.
I believe the law library in the office has hardcover treatises that might be on point. Hopefully you can find a flight back asap.
Feel free to use the firm’s Wi-Fi to FaceTime your grandfather during downtime. I know that’s against our internet policy, but I’ll okay an exception here. After all, family is important.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783463) |
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Date: July 2nd, 2022 11:46 AM Author: glassy soul-stirring plaza
Got it. Haha. Glad I asked. No worries. I still have my law school Westlaw password. I was their student rep, so it is still paying off.
I dug through our files and saw something we can use. Now, you said PowerPoint but you attached a Word doc. Is there something else?
Also, do you want the states in alphabetical order or grouped by similar tax treatment? I can do either one or whatever you want.
Thanks again for this opportunity. It sounds like an interesting project and I look forward to working with this client more often
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783722) |
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Date: July 5th, 2022 8:28 AM Author: Zippy olive doctorate
Good morning Mr. Paige,
This is Jonathan from IT. Our bandwidth monitoring system detected a large use of data over the holiday weekend from equipment registered to you. The data usage is consistent with approximately 7 minutes of video chatting from 5:03 pm to 5:10 pm on Sunday July 3.
We have investigated this matter and we understand that Mr. Simpkins indicated that he would make an 'exception' to the firm's no personal data use policy. Unfortunately, Mr. Simpkins is not authorized to make such an exception.
Therefore, you are found to be in violation of the firm's data usage policy. Such violations place the company at risk of malware and data breaches. I have prepared a letter of reprimand which is attached to this email. Please read it, and electronically sign and return it to me via email.
A copy will be placed in your employment file and retained for three years. In case you forgot from the mandatory training you took 7 years ago, a second reprimand letter will automatically trigger an employment review at the next partner's meeting. The managing partner has been cc'ed on this email.
Please let me know if anything is unclear.
Thank you,
Jonathan Dikshit
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44797244) |
Date: July 2nd, 2022 8:19 AM Author: Zippy olive doctorate
Good morning Mr. Simpsons,
The task you are describing will take well over 100 hours to complete. I literally could not do this by the deadline stated even if you hooked up a methamphetamine drip right into my heart.
Please communicate to the client that we will get started on this on Tuesday and hope to have a preliminary answer for him in the weeks to follow.
In the meantime, as I have mentioned to you several times, I am out of town this weekend to celebrate my parents' 40th wedding anniversary and their renewal of vows. This is especially important to my family as both of my parents lost their last living parent in the past year.
Hoping you enjoy a wonderful 4th of July weekend with your family!
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783223)
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Date: July 2nd, 2022 8:22 AM Author: boyish lake antidepressant drug
Dear Partner,
I seem to recall there being a 50 state survey in the ALR for this. I can help you find it Tuesday morning, but I will be out of pocket until then as I am celebrating the birth of this great country that you kikes are desperately trying to destroy. Hope this helps, I'll touch base on Tuesday morning.
L'Chaim,
Senior Associate Who Will Never Get Brickfuss
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783228) |
Date: July 2nd, 2022 8:31 AM Author: heady lime police squad
where are we on this? Send me what you have by tonight.
Thank
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783239) |
Date: July 2nd, 2022 10:47 AM Author: bat shit crazy cruel-hearted orchestra pit incel
Received some clarification from the client-- an S-Corp isn't the only possibility here, they may explore structuring this in alternate ways. It doesn't have to be as deep as the main project, but we should have a brief section outlining the alternatives. I leave it to you on whether there's enough content for one slide explaining all those (two-three sentences each) or we need one slide per alternative or otherwise. Tom isn't a subject matter expert but he does know this client so may have organization or general comments adding him to this chain in case he has any feedback.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783522)
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Date: July 2nd, 2022 11:49 AM Author: translucent kitty cat
To: Faggot Partner
Cc: Harrowed Associate
Subject: 50 State Weekend Project
Mike, I heard from the client you’re trying to start some 50 state survey project. Totally unnecessary. I spoke with them this morning and gave them guidance. Please stand down.
{Harrowed Associate}, thanks for stepping up. Let’s grab lunch next week after you’ve had some time off for the holiday.
Best
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783733) |
Date: July 2nd, 2022 12:49 PM Author: very tactful stage gaming laptop
Partner,
Thanks. My understanding was that S corps are taxed as flow through entities and NOLs would be taken into account at the shareholder level. I'm not sure I understand your request. Can we discuss?
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44783945) |
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Date: July 2nd, 2022 2:16 PM Author: Glittery hospital
I don’t think a discussion is necessary.
Many states require an S corp election to affirmatively be made while some states just default to federal status. For the states where an affirmative filing is needed, you’ll need to list the proper form, instructions on how to file such form, fees, deadlines, etc. For the states where no filing is needed, you’ll need the citation proving such.
Additionally, client is a C corp (which you should know from your work on Project Ramrod) so they are, of course, interested in how the rules for NOLs work in each state once they are passed through.
One of the biggest requests we get from associates is for more feedback. Well I’ve believed that if one asks, one should receive. Frankly, I’m disappointed that I had to spell all of this out for you. You’re not a first year anymore and you should not need hand holding. Try and keep this in mind going forward.
Thanks again for stepping up again on this. I’m looking forward to seeing how this turns out.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44784267) |
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Date: July 2nd, 2022 2:45 PM Author: glassy soul-stirring plaza
*Johnny cries in ecstacy as he nuts into a fist full of toilet paper as he hears his work phone vibrate*
Hey, XoX. Thanks for looping me in. That's why they call me "Johnny on the spot". Ha.
Let me get home in the next 30 mins and I'll fire up my laptop and start digging in. Thank you. Also, happy 4th.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44784370) |
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Date: July 2nd, 2022 3:19 PM Author: Fragrant crotch nursing home
Thanks, Johnny. Removing Elliot.
We need to get to client by Monday night so need to deliver to Elliot first thing Monday morning. Send me the first couple slides once you have them ready so I can give them a quick look and confirm they’re what Elliot wants before you go through all 50. This should be done ASAP so that you can crank out the rest of them over the course of tonight and through tomorrow. I’ll be able to review tomorrow evening for you to turn any of my comments before sending on to Elliot Monday AM.
Elliot’s email should explain everything but do not spin your wheels on any of this and let me know if anything doesn’t make sense. 50 states gives you 30 minutes per state if you want to finish by 8pm tomorrow night (assuming 4 hours of sleep tonight). This is a big lift and so you shouldn’t waste any time if something isn’t clear.
It may also make sense to focus on the states client has majority of its operations (NY, CA, DE, DC, TX, etc.) Looping in Shrew Midlevel. Please confirm these are the states Johnny should focus on first and if there are any others that should be a priority.
Also CCing Head Paralegal and Summer Coordinator — please let us know if there is a paralegal or two available as well as a summer associate who can assist. This is an interesting assignment and if any summer is free would be good to get their feet wet on these client dev matters.
Thanks all and please let me know of any questions. Johnny I’m available until 6pm and again after 11pm so please get started ASAP and let me know if any questions.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44784467)
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Date: July 2nd, 2022 6:31 PM Author: glassy soul-stirring plaza
Sorry. The power went out. I Ubered to a 24 hr starbucks, so I should be all set. (Can I expense the Uber ride?)
So, you were right. Not sure what I was thinking, but thanks for the clarity. I think this is much easier than expected. Now, I finished all the Eastern states and am Lewis and Clarking my way West. Attached is a rough working draft.
I'd be grateful to get your initial thoughts. It'll help me target my research for the remaining states. Did you want an executive summary as well? Or, just the chart? Just thinking outside the box here.
Also, Summer Bitchboi emailed me saying he has some capacity. I heard mixed things about him. Happy to loop him in, but I feel it'll just create more work for us. Can I reach out to Stiver Asian Female? She is notoriously good with Google searches.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44785357) |
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Date: July 2nd, 2022 8:29 PM Author: Fragrant crotch nursing home
Draft short one page executive summary for the states Shrew midlevel flagged as high importance.
Please turn the comments attached. Good job on these just need to keep getting this out.
Defer to you on the summers but maybe give bitch boi the states where client has no operations (think WY, ND, SD, and MO) but double check. Good to get Asian Stiver on this too if you want.
Good job hopefully we have free fourth. Likely we will send Monday subject to ongoing review as Elliott’s connection will be spotty and good chance he doesn’t provide comments until later this week, but we can’t be the hold up.
Expense Uber, food, etc for this not a problem..
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44785903) |
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Date: July 2nd, 2022 9:44 PM Author: glassy soul-stirring plaza
Thanks for the feedback. Great to know that I am on the right path and not aimlessly drifting.
I got in touch with Bitch Boi and he is working on the lower risk states -- in particular the midwestern states like Colorado and Kansas. I will check his work, and I told him to bill to client development.
Asian striver is also ready to help but is at capacity working on a project for Power Bottome Senior Counsel. Should ask Power Bottom to back off? I really think we can close this out by midday tomorrow with Asian striver. She is also happy to work through the fourth.
I will start on the executive summary now, and we can fill it in as we advance. Separately, today is coincidentally my mom's birthday. I am going to be out of pocket for a bit. We're having a small dinner for her. I'll have my laptop with me and will be monitoring my emails. I rarely do this, but she is battling cancer and I really want to be there for her.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44786209) |
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Date: July 3rd, 2022 8:30 AM Author: glassy soul-stirring plaza
Got it. I'll run it by them. Anyone in particular? I think last time we used Moishe but Avi is pretty good too.
We're 3/4 of the way done thanks to Bitch Boi. He really stepped up. Sent me emails in the early AM. He was going to unplug for a bit to recharge -- I told him that was fine but to have his phone set on both vibrate and ringtone. Striver Asian is a second pair of eyes on our work. So that is good.
I'll hopefully flip this over to tax by noon, and then over to you once tax is done.
I am around most of the day if you want to connect. Also, thanks for your kind words. My mom's cancer is unfortunately getting worse. I might log in a day or two of PTO soon. But I'll make sure we wrap this up first.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44787740) |
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Date: July 3rd, 2022 11:48 AM Author: Fragrant crotch nursing home
To: FirstyearJ@biglaw.com
BCC: PaigeE@biglaw.com
Johnny,
As we discussed at the beginning of Project Neptune, tax should always be involved at the outset of any project involving this client given their sensitive tax structure. Please see attached for the email chain where I explained this to you back in October of last year. I understand you had just started at the firm at that time, but these process points must be adhered to or else we won’t be able to provide the quality of service our clients expect.
Please review the attached email chain carefully. It specifies that Brian Goyman is the lead tax associate for this client. If you recall, Moishe helped out on the last deal because Brian was out on his two weeks paternity leave. Please reach out to Brian ASAP, CCing me, and have him begin review. He may need to cancel his July 4 plans because of our failure to loop him in in a timely manner. This sort of breakdown in process is not acceptable and we need to make sure it doesn’t happen again. Do your drafts incorporate comments from our ERISA team with respect to Client’s OpCo subs (relevant email chain from Project Juno attached)?
No problem with you taking any time off after this upcoming week from my perspective but please have coverage for this deal and make sure to check in with any partner in charge of any other matter you’re currently on to make sure no issues.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44788287) |
Date: July 2nd, 2022 4:20 PM Author: Passionate Location
This does not actually happen, does it?
The below is what I send (and only if it was at a time when the associate was not likely to be awake).
Associate,
Thanks for you help on the matters we had last month [you billed 280 hours last month and I billed >300] and I know you were looking forward to some time off, but the light at the end of the tunnel is a train. To that end we have to get an auction draft/brief out by Tuesday, call me when you wake up. Hope you and your SO enjoyed dinner last night.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44784744)
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Date: July 2nd, 2022 5:30 PM Author: fighting hateful box office
Something similar to OP happened to me a few fourths ago and was the reason I finally quit biglaw. I think I put in 70+ or so hours over the 4th holiday weekend (Friday-Monday or whatever it was that year) on short notice after the client had fucked something up internally and needed a fix. Partner didn’t bother logging on all weekend and tossed some worthless first years my way as “help.”
Oh, and to make it better, after the weekend the urgency dropped as we got a 2+ week extension. So it was really all pointless. Was in house a few months later.
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44784994) |
Date: July 2nd, 2022 11:52 PM Author: Mentally impaired honey-headed juggernaut jap
"Just code it to 'research and devleopment'. I'll provide a client code at a later date."
(http://www.autoadmit.com/thread.php?thread_id=5144921&forum_id=2).#44786798)
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