Which clients are notoriously terrible to work for?
Posted: Sat Feb 03, 2024 4:26 pm
Yes, we are a customer service industry but some customers are better than others.
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Agree with the IB assessment. For me, PE, or at least the big PE firms, are pretty good. However, distressed debt oriented PE firms can contain annoying personalities.Anonymous User wrote: ↑Sat Feb 03, 2024 7:03 pmOn a general level, HF and PE are notoriously bad. Investment banks surprisingly okay.
I’ve actually had great experiences working for Walmart - their in house counsel are generally nice, responsive, and easy to work with. (They are cheap but at least they are transparent about it.)Anonymous User wrote: ↑Sun Feb 04, 2024 7:45 pmIn lit, Walmart will nickel & dime you over every claimed hour and expense. The federal government, forgetaboutit, be prepared to justify every single time entry and explain why you took an uber to your appellate oral arguments as opposed to waiting 15 minutes for a public city bus (not joking). IMHO, thses clients are not worth the hassle.
Fruit or body of water?Anonymous User wrote: ↑Mon Feb 05, 2024 2:21 amI’ve actually had great experiences working for Walmart - their in house counsel are generally nice, responsive, and easy to work with. (They are cheap but at least they are transparent about it.)Anonymous User wrote: ↑Sun Feb 04, 2024 7:45 pmIn lit, Walmart will nickel & dime you over every claimed hour and expense. The federal government, forgetaboutit, be prepared to justify every single time entry and explain why you took an uber to your appellate oral arguments as opposed to waiting 15 minutes for a public city bus (not joking). IMHO, thses clients are not worth the hassle.
My least favorite institutional client of all time is a tech company that starts with the letter A.
Or language system letter set?Anonymous User wrote: ↑Mon Feb 05, 2024 12:20 pmFruit or body of water?Anonymous User wrote: ↑Mon Feb 05, 2024 2:21 amI’ve actually had great experiences working for Walmart - their in house counsel are generally nice, responsive, and easy to work with. (They are cheap but at least they are transparent about it.)Anonymous User wrote: ↑Sun Feb 04, 2024 7:45 pmIn lit, Walmart will nickel & dime you over every claimed hour and expense. The federal government, forgetaboutit, be prepared to justify every single time entry and explain why you took an uber to your appellate oral arguments as opposed to waiting 15 minutes for a public city bus (not joking). IMHO, thses clients are not worth the hassle.
My least favorite institutional client of all time is a tech company that starts with the letter A.
A certain insurance company that rhymes with Frighthouse Binancial, or at least one in-house lawyer who micromanages the case to death and creates endless, unnecessary make work, including dreadful hour long calls twice a week, requiring several discovery and case trackers to be filled out in extremely granular detail and be circulated multiple times a week, and basically requires daily reports on the case. JFC.Anonymous User wrote: ↑Sat Feb 03, 2024 4:26 pmYes, we are a customer service industry but some customers are better than others.
Second this - there are some hilarious S.A. stories involving this client. Roark is absolutely insane. God bless the legions of P,W associates forming merger subs at 3am on Saturday and adding Kirkland-esque off-market nonsense to every NDA and leading off with 50 year restrictive covenant agreements.Anonymous User wrote: ↑Tue Feb 13, 2024 7:05 pmRoark is the only client that stands out as uniquely terrible.
Cerberus, Apollo - both of them were actually surprisingly pleasant to work with. I worked with a few other sponsors - all of whom were nice enough. As far as things go, I generally enjoyed my BigLaw days / deals.
But, Roark... Everyone there needs everything "as soon as humanly possible". I drafted a credit agreement over Christmas one year. We got comments 3ish weeks later from the lender on a Friday night (around 8pm). Roark responds, "Thx. ETA on issues list? Would like to discuss tonight, or at the latest, tomorrow morning." I read somewhere that their GC intentionally likes to have calls late at night or on weekend, because "the other side is more likely to give up on their points". And they micromanage everything (need updated checklists everyday, etc.)
And even with all that - I don't think their returns have been particularly good?
I'll echo this. Never really had a bad client until I represented a PE firm. Zero idea of what a realistic timeline is, will expect you to do everything for them without giving you any input, and in general just acts like a lawyer is their slave. But the partners love them because they seem to have no concept of money and just spend it like water, happily paying the obscene bills we give them.Anonymous User wrote: ↑Sat Feb 03, 2024 7:03 pmOn a general level, HF and PE are notoriously bad. Investment banks surprisingly okay.
Its cause the PE firms clients pay the bills haha.Anonymous User wrote: ↑Sat Feb 17, 2024 10:24 amI'll echo this. Never really had a bad client until I represented a PE firm. Zero idea of what a realistic timeline is, will expect you to do everything for them without giving you any input, and in general just acts like a lawyer is their slave. But the partners love them because they seem to have no concept of money and just spend it like water, happily paying the obscene bills we give them.Anonymous User wrote: ↑Sat Feb 03, 2024 7:03 pmOn a general level, HF and PE are notoriously bad. Investment banks surprisingly okay.
The posters here are all adults. If they want to provide their opinions on clients, it's not our job to protect them from any consequences.Lacepiece23 wrote: ↑Wed Feb 14, 2024 10:11 amI get that everyone is Anon in this thread but I think an admin should lock it.
Kind of seems like a direct violation of the rules of professional conduct but whatever.nealric wrote: ↑Tue Feb 20, 2024 11:19 amThe posters here are all adults. If they want to provide their opinions on clients, it's not our job to protect them from any consequences.Lacepiece23 wrote: ↑Wed Feb 14, 2024 10:11 amI get that everyone is Anon in this thread but I think an admin should lock it.
If it is, enforcement is a job for the bars of their respective states.Lacepiece23 wrote: ↑Tue Feb 20, 2024 1:07 pmKind of seems like a direct violation of the rules of professional conduct but whatever.nealric wrote: ↑Tue Feb 20, 2024 11:19 amThe posters here are all adults. If they want to provide their opinions on clients, it's not our job to protect them from any consequences.Lacepiece23 wrote: ↑Wed Feb 14, 2024 10:11 amI get that everyone is Anon in this thread but I think an admin should lock it.
Got staffed on an Apollo OpCo client two weeks after this post. First call amounted to Apollo asking us to accelerate timeline and start hand over to their in house ASAP.Anonymous User wrote: ↑Mon Feb 05, 2024 11:40 amI have found there is more variance between managers/pocs than between the clients.
That said, I have been miserable on every Apollo engagement. It’s not just me either. On a particularly awful 6 months engagement, half of my team left the firm.