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I'm willing to chip and take a pay cut to see that we keep good associates. And all staff members.
Slashing spending and forgoing draws, rethinking use of hours, trying to save jobs while being real about business and navigating the new normal.
Not hiring some folks we otherwise we’re going to. Trying to make sure existing associates stay busy and aren’t freaked out by more mouths to feed.
Deferring distributions, cutting discretionary expenses, working hard to balance workloads between very busy and very slow groups, helping clients whose businesses are falling apart, communicating regularly to calm nervous staff and associates, etc. And interestingly the only ATL story I’ve seen announcing a firm’s deferral of partnership distributions is for a publicly traded firm in the UK, which was legally required to make the disclosure. Wondering why ATL publishes a name-naming piece about 3 seconds after a firm impacts staff or associates in any way but rarely if ever runs anything naming names when only partners take a hit. 🤔