What is your firm’s SA lunch budget? Forum

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What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 5:02 pm

Management says the cap is $30 per person (DC firm). That seems laughable. Are we supposed to take summers to Potbelly / Chipotle / Shake Shack every day?

This made me wonder - what’s your firm’s SA lunch budget (& city, for context)?

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 5:05 pm

$50/each for lunch, $100/each for dinner at Kirkland (Texas, but I’m pretty sure it’s the same policy in other offices).

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 6:12 pm

$50/each for lunch Willkie (non-NY). Idk about dinner

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 6:13 pm

Also DC, and the lunch budget is $60. My previous firm's (NY V10) budget is $80.

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 7:05 pm

Anonymous User wrote:
Thu May 12, 2022 5:02 pm
Management says the cap is $30 per person (DC firm). That seems laughable. Are we supposed to take summers to Potbelly / Chipotle / Shake Shack every day?

This made me wonder - what’s your firm’s SA lunch budget (& city, for context)?
Wow, thought firms just had a banner year. Vault ranking?

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 7:12 pm

$75 pp at Weil

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 7:28 pm

Anonymous User wrote:
Thu May 12, 2022 5:05 pm
$50/each for lunch, $100/each for dinner at Kirkland (Texas, but I’m pretty sure it’s the same policy in other offices).
KE chicago is $60 pp for lunch and $125 pp for dinner. No alcohol for lunch

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 7:28 pm

Anonymous User wrote:
Thu May 12, 2022 5:05 pm
$50/each for lunch, $100/each for dinner at Kirkland (Texas, but I’m pretty sure it’s the same policy in other offices).
KE chicago is $60 pp for lunch and $125 pp for dinner. No alcohol for lunch

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Thu May 12, 2022 8:38 pm

Anonymous User wrote:
Thu May 12, 2022 7:28 pm
Anonymous User wrote:
Thu May 12, 2022 5:05 pm
$50/each for lunch, $100/each for dinner at Kirkland (Texas, but I’m pretty sure it’s the same policy in other offices).
KE chicago is $60 pp for lunch and $125 pp for dinner. No alcohol for lunch
When I was a summer we could expense alcohol at lunch in Texas, but now they changed the policy to be “in line with the other offices.” Lame!

Can still expense it at dinner though...

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 12:05 am

Ropes is $75 in NY and $60 all other offices. Boston office upset some say

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 1:51 am

Probably a dumb-seeming question but is that per day or week?

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Re: What is your firm’s SA lunch budget?

Post by Sackboy » Fri May 13, 2022 2:38 am

Anonymous User wrote:
Fri May 13, 2022 1:51 am
Probably a dumb-seeming question but is that per day or week?
Per week. If you take 2-3 summers out, most firms recommend splitting entrees or just ordering apps to make the budget work.

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 9:46 am

S&C is $100 per person ($150 per person for dinners). $1,000 total budget per associate for the summer.

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 9:57 am

Anonymous User wrote:
Fri May 13, 2022 1:51 am
Probably a dumb-seeming question but is that per day or week?
The ropes budget is per person per meal. So a 4 person lunch in Boston is $240 max and in NY us is $300

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 12:20 pm

Anonymous User wrote:
Fri May 13, 2022 1:51 am
Probably a dumb-seeming question but is that per day or week?
dawg do you think firms are exclusively ordering from the dollar menu?

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 12:27 pm

.

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 1:04 pm

V50, NYC, $65 back in summer 2017.

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 1:40 pm

Anonymous User wrote:
Fri May 13, 2022 9:46 am
S&C is $100 per person ($150 per person for dinners). $1,000 total budget per associate for the summer.
Total budget? That's weird.

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 3:32 pm

[Already answered please delete]

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 3:47 pm

Anonymous User wrote:
Fri May 13, 2022 1:40 pm
Anonymous User wrote:
Fri May 13, 2022 9:46 am
S&C is $100 per person ($150 per person for dinners). $1,000 total budget per associate for the summer.
Total budget? That's weird.
These are not strictly enforced

BrowsingTLS

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Re: What is your firm’s SA lunch budget?

Post by BrowsingTLS » Fri May 13, 2022 3:48 pm

Anonymous User wrote:
Fri May 13, 2022 1:40 pm
Anonymous User wrote:
Fri May 13, 2022 9:46 am
S&C is $100 per person ($150 per person for dinners). $1,000 total budget per associate for the summer.
Total budget? That's weird.
S&C's summer budget is interesting. No firm has a higher nominal per person summer budget as far as I know, but most firms do not have a total budget limit and so you can spend more at other places than you would at S&C.

Also, am I the only associate who would rather not do summer lunches because of how long it takes to be reimbursed?

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 7:44 pm

BrowsingTLS wrote:
Fri May 13, 2022 3:48 pm

Also, am I the only associate who would rather not do summer lunches because of how long it takes to be reimbursed?
weird, we're given firm Amexes. not an issue

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 8:26 pm

Sackboy wrote:
Fri May 13, 2022 2:38 am
Anonymous User wrote:
Fri May 13, 2022 1:51 am
Probably a dumb-seeming question but is that per day or week?
Per week. If you take 2-3 summers out, most firms recommend splitting entrees or just ordering apps to make the budget work.
Whoah whoah whoah - per week? Cap for the summer?? I’m the KE Texas anon above and the $50 lunch /$100 dinner figures I quoted are per person per meal. There is no limit to how many associates can take out how many summers across the program. I mean presumably if you tried to expense two simultaneous lunches on the same day that would be an issue, but there’s nothing stopping a summer (or associate) from having a $50/pp lunch and $100/pp dinner five days a week for all ten weeks.

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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 8:41 pm

Anonymous User wrote:
Fri May 13, 2022 8:26 pm
Sackboy wrote:
Fri May 13, 2022 2:38 am
Anonymous User wrote:
Fri May 13, 2022 1:51 am
Probably a dumb-seeming question but is that per day or week?
Per week. If you take 2-3 summers out, most firms recommend splitting entrees or just ordering apps to make the budget work.
Whoah whoah whoah - per week? Cap for the summer?? I’m the KE Texas anon above and the $50 lunch /$100 dinner figures I quoted are per person per meal. There is no limit to how many associates can take out how many summers across the program. I mean presumably if you tried to expense two simultaneous lunches on the same day that would be an issue, but there’s nothing stopping a summer (or associate) from having a $50/pp lunch and $100/pp dinner five days a week for all ten weeks.
How often are associates even expected to take out summer associates?

Anonymous User
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Re: What is your firm’s SA lunch budget?

Post by Anonymous User » Fri May 13, 2022 9:51 pm

Anonymous User wrote:
Fri May 13, 2022 8:41 pm
Anonymous User wrote:
Fri May 13, 2022 8:26 pm
Sackboy wrote:
Fri May 13, 2022 2:38 am
Anonymous User wrote:
Fri May 13, 2022 1:51 am
Probably a dumb-seeming question but is that per day or week?
Per week. If you take 2-3 summers out, most firms recommend splitting entrees or just ordering apps to make the budget work.
Whoah whoah whoah - per week? Cap for the summer?? I’m the KE Texas anon above and the $50 lunch /$100 dinner figures I quoted are per person per meal. There is no limit to how many associates can take out how many summers across the program. I mean presumably if you tried to expense two simultaneous lunches on the same day that would be an issue, but there’s nothing stopping a summer (or associate) from having a $50/pp lunch and $100/pp dinner five days a week for all ten weeks.
How often are associates even expected to take out summer associates?
I'm in NY but it's all up to the associate. I plan on going pretty hard this summer to compensate for missing previous summers, assuming I actually like some of the summers

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