Author: DevryMastersCandidate

In your 40s, pussy is really not that high on your list of priorities. It's like a buffet and is always available.

(http://www.autoadmit.com/thread.php?thread_id=3688527&forum_id=2#39060496)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39060508)

In response to someone who is not in the office at 10pm on a Friday night, this is how a biglaw senior associate would handle it:

Date: July 30th, 2017 12:05 PM

Author: DevryMastersCandidate

If you were my junior I would just tell every partner I know that you're a lazy unreliable piece of shit with questionable work ethic and poor work quality behind your back and suggest staffing someone else on our deals. I would smile and be super friendly to you every day. You'd be out of a job within a year and you would have no idea why.

(http://www.autoadmit.com/thread.php?thread_id=3687848&forum_id=2#33884669)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39060510)

Date: October 26th, 2019 7:17 AM

Author: DevryMastersCandidate

I maed it because of my IQ and insane work ethic, yes. You don't make it past year 5 without both.

(http://www.autoadmit.com/thread.php?thread_id=4369372&forum_id=2#39029202)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39061026)

Date: November 1st, 2019 2:48 AM

Author: DevryMastersCandidate

Except they don't.

You give them an SPA to markup by tomorrow, and so they'll read through clauses like the indemnification clause and not even think to consider enforceability under the governing law.

I've worked with many midlevels and I've never gotten a markup back where they've identified a valid enforceability concern (other than the really basic stuff like non-solicits or termination fees). They'll markup a Delaware document like a New York deal, or a New York document like a Delaware deal.

Now if you pose the question like a quiz format, i.e., "is this enforceable" then they'll probably be able to do some quick research and come back with an answer, but that's completely different from being able to know that this is an issue and have the answer ready during face to face negotiations where you cannot say "let me get back to you."

To give you another example - let's say I've proposed a 50% indemnity cap on a New York governed law document. You think it's high. How are you going to push back? Say "it's not market practice?" Lol I will run a train through you if you say that. "Sell me on why you think 5% is more appropriate than 10% or 20% or 50% i.e., how you're not just picking an arbitrary number, go." Watches you flail in front of your client like an idiot

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39061044)

Author: DevryMastersCandidate

Your mom needs to go to the toilet after I pump my load inside her.

(http://www.autoadmit.com/thread.php?thread_id=4143400&forum_id=2#39061432)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39061463)

Reply Favorite

Date: November 2nd, 2019 12:15 PM

Author: DevryMastersCandidate

Why do you think it's amusing that your mom wants my beef with her broccoli? Weren't you taught to respect your elders, son?

(http://www.autoadmit.com/thread.php?thread_id=4143400&forum_id=2#39061425)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39061465)

Author: DevryMastersCandidate

If you did M&A at a V10 for years, surely you would know that "well there were 20 deals in [x] industry in 2015 that had 4% reverse break fee" doesn't really work so well. Then it just becomes a pissing match between who has the most number of precedents or which deals are most relevant as a comparison.

Yeah, in a big public deal the terms are generally very similar, but there are many many nuanced differences (run a blackline against two different MAs provided by the same firm in 2015 to see what I mean). It's the ability to argue about nuances that separate us from any random lawyer who can say "but 3% break fee is the norm

You may think these provisions are not important, or subtle changes are meaningless, but I have seen many instances where these seemingly minor points (such as a 1% difference in a break fee) or change in number of business days for indemnity claims result in millions of dollars of losses/gains for clients.

You seem to have forgotten the multiple day all-night negotiation sessions where you haggle over these points. If you honestly think anyone can do this, and have answers to a myriad of questions on the fly, and have an encyclopedic knowledge of not only the relevant laws but also on market convention, then you are delusional.

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39062357)

Author: DevryMastersCandidate

I do, because I am in that space. If you include VC / TMT work you are also dealing with WS, Cooley, Fenwick, Weil etc.

And let's get real, even outside of M&A there's a lot of really bad practice groups. Bankruptcy/restrucring, credit, etc., can all be brutal.

(http://www.autoadmit.com/thread.php?thread_id=4369372&forum_id=2#39024515)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#39063639)

Author: DevryMastersCandidate

Lol I actually served in the US Army, you coward.

(I find it very interesting that skinny nerds who have never held a rifle are so eager to support a war they will never fight in)

(http://www.autoadmit.com/thread.php?thread_id=5055887&forum_id=2#44127927)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#44128540)

Author: DevryMastersCandidate

LJL. I was at Ft. Benning when the 3rd Ranger Battalion returned from Anaconda. Everyone was in awe of them since they were one of the few guys with CIBs and combat patches at the time. But even they were pissed AF at that clusterfuck of an operation.

(http://www.autoadmit.com/thread.php?thread_id=5058206&forum_id=2#44144536)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#44144786)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#44145056)

he hung out with nyuug and poasted here that nyuug is a total player who smashes pussy on the reg. that should tell you something.

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#44145275)

Author: DevryMastersCandidate

The ultimate irony: I’ve never stepped foot in a dry cleaners, yet you seem expert at it rofl.

(http://www.autoadmit.com/thread.php?thread_id=4434301&forum_id=2#44157190)

(http://www.autoadmit.com/thread.php?thread_id=4374632&forum_id=2#44157761)