[quote name='Dead of Knight']Ah, so YOU'RE the poor bastard who responds to our legal letters.
I spoke to a senior the other day, telling her about my concerns about downtime. She said the partners don't really give a shit as long as you're doing the best you can and get your work done, unlike with the Big 4, where if your utilization % is down, they get on your ass and may use it an as excuse to fire you due to no fault of your own. But then, they bitch about how projects are constantly overbudget because they want you to work 12 hour days. :lol: So glad I'm out of that shithole. Even only working there about 6 months shady shit went down. A senior manager (one step below partner) told me to charge my work as an intern to administrative even if I was doing work for the client, because he had concerns about going overbudget. Meanwhile, in training videos, they tell you not to do that because it's unethical. :lol:[/QUOTE]
I keep saying I want to write a book about all of my experiences at BigLaw - I swear I have at least 50 really good stories that I'm sure I could weave into something interesting (but maybe only to other professionals). I've been emailing myself little blurbs when something goes down so I don't forget.
Tell everyone that you know that:
1. Audit letters can't be provided in a day (except for maybe really really small clients). Here's why:
2. We have to solicit every attorney and paralegal in the entire firm who has ever billed time to the client and receive a response back saying they either have nothing to report or that they have something and here are the details - this could range from 15-20 people which is typical or for larger clients over 100. Most people are lazy and have to be harassed 2 or 3 times to provide the response. After I get 100% of the responses back I have to draft the letter and then submit it for review which takes the reviewing attorney time. Once it comes back approved I have to find a partner to sign the damn thing and only then can I send it off to the accountants.
3. If you are doing the audit on 3/31 and need our response within the 5 days prior, don't ask for an effective date on 3/20 and then just think a phone call on 3/31 will get you the bring-down in 30 seconds. I have to repeat the entire process again to get that bring down. What a pain!
I don't think it is anyone's fault - I just think that the accountants aren't fully aware of the process so I try to explain it to everyone I can. I also think that the entire process is too long for no good reason other than to cover our asses (which is what drives everything we do - try reading a legal opinion once in a while - we barely opine to anything and we disclaim everything!).
I'm on the firm's audit committee and I hate it (but it looks good on a resume) - I'm really bitter right now because every February and March I'm literally doing 100s of these things and my phone is ringing constantly with people looking for the letter.