How much per person for dinner and drinks is reasonable as a business development expense? $150? $200? Assume coastal big city.

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How big is the potential client/project? $200 is not much for a dinner in a big city

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That’s pretty weak tea. Don’t go crazy.

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If you don’t know, ask your MD/Partner. They’ll size it for you.

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This is a bit of a "forgiveness not permission" situation haha

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I feel like $250/person is acceptable. Assuming a couple drinks and apps will be involved

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If you want the relationship, just spend what you think is needed to get the business / maintain the relationship and expense what you can. Something nice for me as a personal dinner is $300+/person, so I’d feel comfortable expensing that much. My firm’s NYC summer lunch budgets is $100/person.

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