Might be a long shot, but wanted to see if this bowl could share any wisdom/insight. A friend has been offered a role as an independent contractor commercial counsel for a pre IPO tech company in NYC (roughly 10-20 hrs/wk) with the possibility of becoming a full time offer. He has roughly 3 yoe and was at a V10 firm doing tech transactions work but took time off for health. Would appreciate any insights into what a reasonable hourly wage would be to offer up in negotiations. Thanks in advance!

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$150 - $250 an hour (big range but it will depend on his experience, and more importantly the financial state of the tech company). I would ask them if they have a budget in mind then pitch the high end.

If it was straight 20 hours per week $150 could be fair, but if it’s flex where he needs to set aside 20 hours of availability each week but they might only give him 10 hours of work then $200 could be more reasonable.

If there is the possibility of conversion he could discuss what their budget is for the full time role should it work out and do some backwards math to make sure an hourly rate request is reasonable.

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