But this is a really important client

From The Jolly Contrarian
Revision as of 08:38, 19 October 2020 by Amwelladmin (talk | contribs) (Created page with "{{a|negotiation|}}Of all the preposterous rationales for weakening key protections in your legal docs, this is perhaps the most bizarre: that the client is ''so big'', and is...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
Negotiation Anatomy™

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Of all the preposterous rationales for weakening key protections in your legal docs, this is perhaps the most bizarre: that the client is so big, and is going to generate so much revenue, that it warrants relaxing the firm’s ordinary, prudent, credit and market risk standards to the point of meaninglessness, on the premise that only this will nudge this wondrous golden goose across the threshold. The firm would not dream of similar indulgence for a small client doing a handful of trades.