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Easy for the combined firm’s “per lawyer” and “per partner” numbers to be higher than the legacy firms’ when there’s an open escape hatch that folks are jumping (or being kicked) out of. That’s just simple arithmetic. But yeah let the spin doctoring continue.

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Combined revenue was only up 5%. That is bad in a year when many firms were able to pass through rate increases in excess of 5%.

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And I believe McD bragged about 9% increases…

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Shocker another law firm merger failing quietly but being touted as a success. FYI to senior management, this is arguably the dumbest thing you can do. All the hypothetical benefits are if the 10% attrition assumption is your bottom 10% of performers and that your clients don’t all jump ship and have 0 conflict issues.

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Related Posts

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I’ve been at my company for 8 months. I just found out another designer who has been here for several years gets an annual bonus at the end of the fiscal year. I have never been told about a bonus and haven’t gotten one yet for the previous fiscal year that ended In July. Should I have been told I get a bonus when I signed on or are they typically a surprise?

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I can’t comprehend how people pay for Uber Eats unless it’s on a company card… it’s so expensive!!

likesmart

I have an offer for a company abroad. Originally they wanted me to fly out and start the day after Thanksgiving (not celebrated in their country), but because of the holidays I suggested starting in either December or January with the ability to take some holiday days in December to fly back home for Christmas. They then proposed starting out remotely “as soon as possible” in the US as a contractor and then moving abroad to start full time abroad. (Cont)

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I’ve been having a bit of trouble working with one partner at a new firm. There are definitely things I can/need to work on for improvement, but I’ve been practicing for four years and have had no trouble with other partners/peers before. This partner sent an email to me with bills for one client of his/hers I worked on and now looped in a practice management person to have a ‘management call’ (prob to talk about billing less..) Should I be looking for other opportunities?

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likefunny

What’s one area of your spiritual health that you’d like to see improved?

Personally ’d like to be more disciplined in my daily Bible reading plan. Oftentimes I read through but don’t really absorb it or stop and really dive in on what I’m reading.

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Hi Sharks

How is work culture and work life balance, projects with BDO India under digital transformations team?

Please provide your inputs. I been victim of false comments and wrong info for my current organisation and suffering

Your inputs are valuable thanks in advance

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Itna bada bada emails send karte hey we did things in 2022 blah blah
Employee ke liye kya kiya kuch nahi🍌

likefunny

Got my rejection call after McKinsey round 1 today. They said they still liked me and would be sending me something about a keep in touch program for future cycles. Is this actually something or just fluff to sign up for a news letter

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What books have the best Mckinsey style cases?
Currently using Hacking the case interview and the case interview:20 days to ace the case. TIA!!!

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Anybody with Big4 exp made the switch to salesforce as business architect recently? What does this job entail and qualification needs? The jd says “extensive” big4 exp

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Any possibility of postponing the LWD by the manager here in CGI, even we have not taken any leaves?

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Thoughts on TBWA\WorldHealth?

A recruiter there reached out to me about a Copy Sup job. What should I be looking out for?

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Are there any outdoor basketball courts with rims up in the streeterville/river north/gold coast area?

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Best practices to avoid burning out in FDD?

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How much are Senior Associates/Principals making at small PE shops?

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Best books for U.S. Corporate Tax similar to Logic of Subchapter K for partnerships? I’ve historically worked extensively with partnerships and starting to branch out into more “Core” corporate M&A Tax and looking for a helpful resource to get up to speed.

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Fishbowlers. I got a bad performance review. I need to knock my next one out of the park. Open to any suggestions. S1 in month 6 of starting. I need to get quicker and be able to be a ‘lead senior’. How can I make a manager and directors life easier?

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I got offered a Sr product compliance associate at Amazon. I have 4 years of experience and based in Pune. What kind of salary should I be expecting?

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Additional Posts in Big Law

Over heard today about bad behavior in biglaw : if you had to explain to someone’s parents or loved ones how you treated them and you’d be unable to do so without feeling awkward or embarrassed, you are the problem.

likefunny

Any tips for how to better implement feedback on drafts? My work is so heavily redlined that I struggle to consistently follow through with every comment/feedback. I am in patent prosecution, so it is a lot of detailed technical writing, but is also fairly formulaic, which is nice. Thankfully the partner I work with is extremely patient and a very good teacher, I would just like to be better at learning from his very thorough feedback.

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“Keep costs down”???? I am happy to keep costs down by not working on this ducking matter anymore. Maybe stop saying yes to matters that are too small to justify our rates and staffing an expensive senior person on them when you’re already dying trying to get anything staffed. You didn’t have to do shit on this matter, didn’t hear you complaining about my taking the lead and managing everything for you when that was happening. >.>

likefunny

Any news from DPW? 🤔🤔

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What are people’s experiences with SSRIs/did they help you with work?

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Is it common for a midlevel to gossip with a first year about another first year’s work? Is it common for midlevels to trash juniors amongst themselves? I think my office is hella toxic

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Any Atomic Habit readers here? I’m brainstorming identity-based habits for two things I want to change:

-I want to bill more hours, so my goal is to become the type of person who bills at least 8 a day
-I want to drink less alcohol, so my goal is to become the type of person who drinks occasionally

Neither of these feel that helpful. Any one have suggestions for other identity-based goals that get at these changes I want to make?

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Has the general attitude towards tattoos changed at all in biglaw? I hardly see tattoos on any of the older associates/partners but it seems the newer associates also don’t have them/wear clothing that shows any

likehelpful

I don't understand why people call themselves "rising x year at ABC". For us who are plain "X year associates", are we doomed to fall?

likefunny

Dreading my first year review. I don’t think I’ve done anything to make myself fireable but who knows! I think I have a lot to improve on though. What’s the mindset you take with you into reviews?

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Should I or should I not send a quick email re good news of passing the bar to my small (<10p) practice group team?

likefunny

After you are stealth laid off, other than job search, what do you do? I assume they won’t give you work and even if they do, you can politely decline? How do you feel about you are not progressing anymore and seeing other people progressing in their career? I have no intention to make partner, but still feel a bit stuck not doing that much.

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Y’all. NO ONE KNOWS HOW MANY PEOPLE, AND WHO, WILL BE LAID OFF. The economy may bounce back next month or next year. It may get much worse or maybe we just sit stagnant before things improve. Firms may lay off a lot or maybe just super low performers. No one knows. Stop reading tea leaves and just work hard and try to save a bit more than usual. There’s nothing else you can do.

likehelpfulupliftingsmartfunny

If you do billable work on a given PTO/vacation day, do you still count that day as vacation? Or do you get that vacation day "back"? Or do you only get the part that you billed "back"? (Or some other option.)

likefunny

Stealth layoffs at CWT confirmed.

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I’ve been having a bit of trouble working with one partner at a new firm. There are definitely things I can/need to work on for improvement, but I’ve been practicing for four years and have had no trouble with other partners/peers before. This partner sent an email to me with bills for one client of his/hers I worked on and now looped in a practice management person to have a ‘management call’ (prob to talk about billing less..) Should I be looking for other opportunities?

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Partners and seniors, what elements are you considering when you pick up which mid/junior to staff?
Corporate (if that matters).

likesmart

Which firms are actually doing work in the emerging tech space - NFTs, DAOs, and related blockchain fun?

likefunny

Has the time of special bonuses (covid related or otherwise) passed? Asking for a friend…

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The fact that associates are getting laid off right now has me so anxious. I read way more into every single interaction and I feel like I am going to get fired. Anyone else feel like this?

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