BigLaw M&A: what do you consider to be “big deal” vs a small and medium deal? For example, what do you consider a $150M deal?

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Tiny = less than $10M
Small = less than $100M
Mid = less than $1B
Large = over $1B

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Every deal has the senior’s associate’s attention

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$1B: Has rainmaker partner’s mostly full attention
$500M: Has nonrainmaker partner’s attention
$150M: Senior associates’ eyes only unless it’s an important client
$50M: We don’t do deals that size (or throw a junior on it for clients that you’re doing a favor for)

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This is only the case for the biggest deal shops.

Smallish.

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