How long should it realistically take a second/third year associate to review a security agreement and pledge agreement?

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As long as it takes.

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0.8 per page.

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5th year here

I’d expect the jr. to turn it within 24 hours but likely expect about 2-3 billable hours each especially if there’s heavy IP and receivables as part of the secured collateral

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Around 2.5h

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debt finance deals?

Yes.

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