{ "media_type": "text", "post_content": "Biglaw, capital markets, major market fwiw. Closing a big deal tonight and was told to order in a nice dinner on the client to celebrate. Price range you would spend on this? Would you get dessert? appetizer?", "post_id": "6105bdbd58b6df0022ddd445", "reply_count": 42, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d052", "bowl_name": "Law" }

Biglaw, capital markets, major market fwiw. Closing a big deal tonight and was told to order in a nice dinner on the client to celebrate. Price range you would spend on this? Would you get dessert? appetizer?

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I would say just choose somewhere you really wanna try and order what you genuinely want to eat/drink. I wouldn’t start adding in extra portions/main courses to eat the next day etc but if you’re ordering just appetisers, main, sides, dessert and drink that you actually want for that dinner, just get whatever you want without worrying about the price.

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3 diff biglaw (NYC) standard OT meal budgets I know of range from $30 to $45. So if you were told to get nice meal, $85 sounds perfectly reasonable to me. If they were taking you out it'd be $150 easy without drinks, so they're getting a deal.

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Get off your phone and go high. You’re client probably just made a billion dollars and you’re worried about the lavish optics of desert? No one cares.

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Omg I would definitely hit $100 at a MINIMUM

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Second this. If you were out as a group, you’d easily be getting at least $150 worth individually

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Get everything you want, including dessert! They're offering. And congrats on getting to closing!

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Appetizer, dinner, dessert, lunch for tomorrow

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Absolutely entrée and dessert; what kind of deal are we talking about? Pick your restaurant accordingly.

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Arby’s or IHOP

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Order should include a bottle of wine, $80 range.

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Would spend at least $400

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To add color, I don’t eat red meat so I won’t be ordering a steak or anything crazy. Meal is $85. $800 million deal.

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A1 reminds me of two associates I interviewed with at Sheppard Mullin SF for a summer. I remember thanking them for lunch and again for post lunch coffee and after the second thank you they looked incredulous that I would thank them twice for “expensed” meals. I thought it was just a sign of respect. Not everyone has the same background and some people like to make sure they are respectful! Needless to say I ended up somewhere much better than SM anyway ✊😝

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Literally doesn’t matter. Get app, entree, dessert and drinks

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Don't overthink it and don't get the most expensive thing you can get. Best way to go would be to speak with the relationship partner's assistant--he/she should know what is most appropriate. Deal size isn't always the best indication of the amount that you can/should spend. The type of relationship with the client and the client's preferences and celebration style will factor into the "appropriate" amount to spend. By way of example, I closed a $7B deal and we spent around $5k on a closing dinner for 7 people. Closed a $300M deal and then had a limo pick me up at my house and take me to a winery for an all day drink and steak fest. Likely spent well in excess of $1.5k per person. In your case, just spend what you might spend if you were to treat yourself. For me, that usually sets me back around $250 for a decent steak and drinks. And, before you balk at that, I've had partners pay out of pocket for me to go out and spend $250 without batting an eyelash on multiple occasions. All that to say, $85 for a meal is perfectly reasonable. You would be fine spending a bit more. P.S. Congrats on closing the deal! Let loose and enjoy yourself!

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Echoing other folks here and saying $100+, for sure. That’s likely a tiny fraction of an hour of your billable time.

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We spent $27,500 for 10 people when we finished out a large bankruptcy. Not sure what the firm ate of that but I doubt it was much.

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What’s the deal size?

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Whatever you order the partner more than earned. So like don’t go crazy but get what you want.

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$500 - 700

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$300 minimum

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Just curious: how does this get shown on the client’s bill? Do they ever object?

Our invoices list each such expense separately by default. “date-person-expense category-amount” Some clients don’t care about the details, others do. The really bad ones refuse to pay for meals or travel.

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Feast.

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