Are v10 firm clients fee sensitive?

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Yes they are, you people are delusional if you think companies pay out at a firms MSRP

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@Skadden: not to sound like an asshole but legitimately TIL there's a firm called Clark Hill

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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.

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Some can be to a degree, but the term “fee sensitive” here does not mean what it means at downmarket firms.

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Not like everywhere else. Some matters more so than others. But let’s not kid ourselves, people pay.

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Some are (relatively), some aren’t. Depends on both the client and the matter.

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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

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Depends on the client and the deal

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