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What a week
Can we really say no? 😅😅😅

What US law firms tend to hire more LLMs?
BC - do you buy/sell more puts or calls?
Naming is critical…

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I heard a rumor they were going to cut out the &....
In Australia they’ve announced a 47% loss I think
Yeah it's April and May, we are 10-15% down YoY. 47% was a blatant overstatement of the facts
Lays offs are being announced in early July.
According to whom? There aren’t layoffs beyond the typical annual up or out.
Depends on vertical / geography - FS in the US is doing fairly well, though we’re still freezing salaries and reducing bonuses for non-promotees, in line with the rest of the firm
PwC as a whole has made a decision to avoid layoffs as long as possible. So other levers are being pulled - listed above.
Seems fine in the US
Performance year is May to May and there have been no non-performance related layoffs (ie only standard counsel outs through up or out). There have been many promotions (even know of multiple accelerated ones). We won’t know about bonus reduction amount until late summer but personally pleased we still get one.
They communicated start dates. Virtually all were in the fall so no crazy significant pushback
How’s S& doing in the Middle-east?
heard they’re doing some nonsense PPP loan processing work. Literally data entry
100% agree. It’s not common for that to happen for S& folks and it’s mostly done.