Quote:
Originally posted by notcasesensitive
No. I get to deal with corporate/finance tools. It is fun pointing out to them when they are wrong on points of law though. Sudden stop in the conversation, followed by something to the effect of "fine, we will give on that particular point then..."
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I find they usually have "big deal blinders". They know all the securities filings that need to be done, and get thrown when dealing with private, venture backed companies.
So I let them draft, discover that they've often pulled, for example, a public company voting agreement or charter and modified it for the deal (usually three associates working round the clock to modify it). They stick protective provisions in the wrong place and make all kinds of other rookie errors.
If you just figure out where their blank spots are, you can usually take advantage. Then you look up to them with great respect while chuckling to yourself. Clients are usually very amused.
