Managing partner reacts
34 views11/9/2022
This is a fictitious story about a managing partner of a law firm that reacts to bad news about the firm's figures.
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| 00:00 - 00:03 | So now let's discuss the half term results. |
| 00:04 - 00:05 | Many offices are loss making, |
| 00:05 - 00:07 | not only London but everywhere. |
| 00:08 - 00:12 | This is the worst financial result since the firm was created. |
| 00:12 - 00:15 | We have already closed our offices in Hamburg and Dusseldorf. |
| 00:17 - 00:19 | Are there other ways, |
| 00:19 - 00:21 | to limit our losses? |
| 00:24 - 00:26 | Claudio |
| 00:27 - 00:28 | Stijn |
| 00:31 - 00:33 | Stijn has signed off an expense for the X-Mas party. |
| 00:34 - 00:36 | And it is 20K euros above budget. |
| 00:53 - 00:58 | Everybody get out, except for Eric, Olivier and David. |
| 01:13 - 01:15 | How many times have I told you? |
| 01:15 - 01:17 | For Christ's sake, how many times have I told you? |
| 01:18 - 01:23 | It all went wrong when we started hiring lightweight partners. |
| 01:25 - 01:28 | With zero portables... |
| 01:29 - 01:31 | Ridiculous hourly rates... |
| 01:31 - 01:34 | Ridiculous hourly rates below 500 euros! |
| 01:34 - 01:37 | The EU department cannot subsidize forever, |
| 01:37 - 01:40 | all their seminars, client events and lunches! |
| 01:40 - 01:42 | But Claudio, the Mess is not so expensive... |
| 01:42 - 01:46 | Eric, you think it's normal to eat lobster every single day? |
| 01:46 - 01:48 | Claudio, the lobster is delicious there. |
| 01:48 - 01:52 | Don't you understand that this is a business Eric? |
| 01:53 - 01:54 | Not a charity! |
| 01:56 - 01:57 | This is not a Club Med,This is not a Club Med, |
| 01:57 - 02:00 | 1500 billable hours a year is ridiculous… |
| 02:00 - 02:03 | and even that target they do not reach! |
| 02:04 - 02:08 | Who decided to hire this bunch of incompetents? |
| 02:08 - 02:13 | And David Gilis kept on saying T'INQUIETE c'est dans le système. |
| 02:14 - 02:16 | T'INQUIETE he said... |
| 02:17 - 02:21 | We should all have been worried a long time ago. |
| 02:27 - 02:29 | If only everyone billed like Koen, |
| 02:30 - 02:34 | or like Laurent, or even like myself. |
| 02:34 - 02:36 | We would all be millionaires. |
| 02:41 - 02:42 | But instead... |
| 02:43 - 02:47 | We spend money like there is no tomorrow... Starting with the expensive building. |
| 02:48 - 02:53 | Two floors! Who in God's name needs 3500 square meters for 40 people? |
| 02:54 - 02:56 | More staff than lawyers. |
| 02:56 - 02:59 | How do you want us to be profitable? |
| 03:00 - 03:02 | I am sick of pouring money down the drain! |
| 03:04 - 03:07 | Do not worry Zina, your job is safe. |
| 03:14 - 03:16 | I am ready to take a final decision. |
| 03:19 - 03:23 | I have done everything I could. |
| 03:25 - 03:26 | Even more... |
| 03:31 - 03:33 | It is over... |
| 03:40 - 03:46 | We have to close down the firm and recover what is left of our money. |
| 03:46 - 03:49 | I am done with being a lawyer. |
| 03:53 - 03:56 | If only Michael had not resigned. |