Seeing a lot about compensation increases. I’m feeling incredibly frustrated. Just an Associate, but I feel as though I’ve got my finger on the pulse of one of many ongoing issues - Engine B.

Can someone articulate why we spent $500M on Engine B? My understanding is that it’s geared towards improving TB imports. The 0900s take < 1 hour for any reasonably competent staff. What’s the point?

My office has effectively given up on Engine B. We outright don’t use it. What a waste.

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Firms waste money on bad decisions? Who knew?

#Everest

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While not working at your firm, generally speaking progress and advancements don't just magically appear from only successes. It's a trial and error process and unfortunately for those involved most initiatives don't play out to their full potential or success, but not trying at all will ensure your firm will fall behind. I understand it can be frustrating to watch an initiative burn money, but try to keep an open mind and look at it from a broader perspective.

likefunny

We didn't spend anywhere near $500 million for engine b. $500 million is the total tech spend for 5 years.

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Not at CLA, but IMO the issue is that the people making decisions around tech investments are so far removed from the use case that they have no f’ing clue whether or not the new tech will actually be beneficial. After nearly a decade, we finally changed scheduling systems even though every single person hated the former system from day 1 and that opinion remained unchanged. Will our new system be an improvement from the previous system? It almost feels like it would be impossible but it wouldn’t shock me

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Same with a lot of the firms. Internal tech thinks they can make good tech. Wastes $Ms in the process.

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