I was going to type a long list of things to do, but it really boiled down to this: what can this call get you? Who is calling? Is it someone who can put a te

I was going to type a long list of things to do, but it really boiled down to this: what can this call get you? Who is calling? Is it someone who can put a term sheet in your hand next week? Or is it an associate out to impress the higher-ups at the firm? How good is the firm itself? World-class? Mid-level? etc. Know who you're talking to and what they can possibly give you. If you're giving them something, get something in return. And keep in mind you don't have to take this call if you don't want to. Ask them what the call is about and if it doesn't sound sincere just back out gracefully.