Are v10 firm clients fee sensitive?
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Is it common for written evaluation to list every mistake you made on a case, including a one-time typo on internal email? I was considered below expectation in my last review, and while the mistakes cited did occur, they were put in a very negative narrative even though none was a repeating issue. The practice leader (who I didn’t work with last year) told me that his first-hand experience with me has been great and he’s seeing none of the issues from my review. Should I still be concerned?
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.
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
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.
Depends on the client and the deal