RollOnFriday doffs its cap to US powerhouse Latham & Watkins for having the brass neck to charge a client $40,000 a month for its secretaries.
The client, a GC at a large organization, said that he noted the line item on a bill a while ago. When he queried it he was told that “unlike other firms, we do not inflate our hourly rates to include our overheads”. The client pointed out that the firm was charging its partner out at $1,300 an hour, a rate which could probably include quite a lot of overheads, and told Latham it could pay for its own secretaries.

A spokesman for Latham declined to comment.
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While still outrageous pricing, surely this was for *company* secretarial services, i.e. companies house filing, annual returns etc. rather just time spent by someone in the typing pool?
I remember as a trainee in having to do this for a US client's 100+ portfolio of UK propco subsidiaries - various director resignations, AR1s etc took a miserably long time. A waste of everyone's time and money, but the client demanded it.
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