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Landed a lunch presentation at a F100 - thanks NeumannMorgenste

Prospective client accepted my invitation to give a lunch pr...
Salmon mother
  02/10/14
$175? Could only be insurance defense shitlaw.
Supple Aggressive Hominid
  07/27/15
There are plenty of moderately sized, well-respected firms i...
shaky abode
  07/27/15
...
Salmon mother
  02/10/14
i dunno but 175 for a senior associate is very cheap. senio...
nighttime concupiscible sanctuary telephone
  02/10/14
Yes thinking abt quoting 450 for senior associates and 600 f...
Salmon mother
  02/10/14
You're at an AmLaw 100 and there aren't guidelines for this ...
Twinkling Business Firm
  02/12/14
Try ~900
Thriller geriatric useless brakes senate
  07/27/15
Glad to have been of assistance. We can talk in further det...
beady-eyed indirect expression
  02/11/14
while i think ur advice is credited i find it said that it w...
Wild Hairraiser Stage Depressive
  02/11/14
Brother, sometimes, the opportunity just presents. Never no...
beady-eyed indirect expression
  02/11/14
can we just take a moment and acknowledge the good things xo...
stirring rough-skinned address
  02/11/14
...
razzle-dazzle khaki liquid oxygen quadroon
  02/11/14
...
beady-eyed indirect expression
  02/11/14
...
Brindle up-to-no-good hissy fit kitchen
  02/12/14
...
Mint Passionate Son Of Senegal Location
  02/12/14
"My rates avg about 175$/hr for all of our clients (who...
crawly buck-toothed chapel
  02/12/14
NeumannMorgenste is a FRIEND to this bort.
Cordovan Bonkers Hall Dog Poop
  02/12/14
...
Mauve swollen new version wagecucks
  07/27/15
*springs trap* At last, I've caught you! Brother only ...
Chocolate indian lodge
  07/28/15
...
Light sex offender plaza
  07/27/15


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Date: February 10th, 2014 12:53 PM
Author: Salmon mother

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: Supple Aggressive Hominid

$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: shaky abode

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: Salmon mother



(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: nighttime concupiscible sanctuary telephone

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: Salmon mother

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)



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Date: February 12th, 2014 1:42 PM
Author: Twinkling Business Firm

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: Thriller geriatric useless brakes senate

Try ~900

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



Reply Favorite

Date: February 11th, 2014 7:42 PM
Author: beady-eyed indirect expression

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: Wild Hairraiser Stage Depressive

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: beady-eyed indirect expression

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: stirring rough-skinned address

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: razzle-dazzle khaki liquid oxygen quadroon



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



Reply Favorite

Date: February 11th, 2014 8:06 PM
Author: beady-eyed indirect expression



(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: Brindle up-to-no-good hissy fit kitchen



(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: Mint Passionate Son Of Senegal Location



(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: crawly buck-toothed chapel

"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: Cordovan Bonkers Hall Dog Poop

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: Mauve swollen new version wagecucks



(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: Chocolate indian lodge

*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: Light sex offender plaza



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