Wait for the interviewee to ask questions regarding the background of the case. A few sample questions are shown below. You could use them to help the interviewee with information if he's stuck.
Does the firm have work for new associates? If yes, could you please provide the hourly/daily billing rate and the number of hours/days billed?
Should I consider any other cost apart from salary, taxes, overhead, training and recruitment costs?
Wait for the interviewee to ask questions regarding the background of the case. A few sample questions are shown below. You could use them to help the interviewee with information if he's stuck.
Hiring associates at $120,000 per year is not a good idea as a basic profit analysis shows a loss of $10,000 per associate per year. In case the salary figure is above market, we could consider offering a lower salary.
Further Questions
If the interviewee solves the case very quickly, you could discuss factors such as:
Quality of lawyers
Raises to be given in subsequent years
Change in the associate's average tenure with the firm
Option of hiring experienced lawyers or cheaper legal assistants, etc
5.1k
Times solved
Beginner
Difficulty
Do you have questions on this case? Ask our community!
Learn profitability frameworks and how to solve profitability consulting cases - the most frequently used case types during consulting case interviews.
Pricing case studies can either stand alone or be a part of another case study. You can crack pricing Case Interview in three steps: Investigate the company; Investigate the product; Choose a pricing strategy
Cookie and Privacy Settings
This website uses cookies to enable essential functions like the user login and sessions. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. You can choose to activate only essential cookies or all cookies. You can always change your preference in the cookie and privacy settings. This link can also be found in the footer of the site. If you need more information, please visit our privacy policy.
Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. a GDPR, to your data being processed in the USA. The USA is not considered to have adequate data protection legislation. Your data could be accessed by law enforcement without prior public trial in court. If you need more information please view the individual settings.
The case is designed to be presented to the candidate by an interviewer, who plays the role of a representative of a reputed law firm.