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Thought this was interesting. Across 160 teams of researchers, just about all failed to make good life outcome predictions on things like GPA, evictions, layoffs, and others. Data followed 4.5k families across 15 years, with 13k features (varied over time). Haven't looked at it directly yet, but will be turning the docs and data inside out... In the meantime, authors claim this as showing the limits of ML. Oh, and it's published in PNAS, so you know there's some big publication energy there.
https://www.pnas.org/content/117/15/8398
Larsen & Toubro Infotech Is it good time to join Cognizant now for Coimbatore location considering too much attrition in recent times along with many policy changes and do they have enough projects or will there be any chance of layoffs if we don't find any projects for our skill(Tableau in my case)? I have another offer with LTI, Coimbatore for same salary but i prefer CTS more than LNT. Cognizant Larsen & Toubro Infotech
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I received a Senior Game Developer position at Globant Game Studios and just wanted to know if anyone has any idea about this department. I received Bangalore as the base Location and they told me Pune is having all the team, in future will they ask me to join in Pune? Which I don't want to.
Globant
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Shareholders have shareholder agreements and to get rid of them is extremely onerous. It's much easier to layoff an associate.
Chief
Never heard of that. Associates grinding out billables, while often mistreated, are part of the lifeblood of the firm which cannot exist without generating more money than it spends. Usually staff and high paid underperforming partners without equity are the first on the chopping block. At least that’s my perception n
Sometimes high performing associates get pushed out or held back in mis-managed firms. This can be the case when there is a layer of under-performing income partners, which unfortunately chills or prevents the rise of stronger attorneys.
This is the exact thing happening at my firm.
Chief
That would be a very unusual circumstance.
Chief
Is that really true? Things are not so simple. High billing does not mean the associate was good at their job. No point billing a bunch of hours if it’s inefficient and work product is bad and a lot of it has to be written off and/or redone. Partners without a lot of their own business may still be excellent attorneys who manage a lot of matters for other partners.
But it’s because associates are at will employees who can be fired anytime for any reason. Partners are literally owners of the firm, there’s a complicated partnership agreement involved that is not so easy to dissolve, kicking someone out of the partnership is like a divorce, messy and difficult. So they’re only going to do it if things get really dire.
Chief
Senior associates who bill a lot of hours are the most profitable employees of any law firm. Firms also usually have a significant investment in them. They should be the last nonpartners fired, if the firm is action rationally.
There is an attorney at my firm who bills awesome on some files. Always meets billables. But then on other files he’s completely ducked deadlines and put us in a bad spot (repeatedly) so yeah he bills well but the frustration for his other stuff is definitely a factor in how the firm looks at him.