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I do what some can't 'cause I is who they ain't.
Quote:
Originally posted by ironweed
There is nothing I hate so much as false humility.
And since it is the season for such things again, let me share with you something that reminds us all of the lofty goals we once shared as young, eager GAs -- namely, to wring more cash out of the GPs and sow confusion in their ranks.
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Jury's Still Out on Wall Street Law Bonuses
Associates at Big New York Firms,
Which Act in Lockstep, May Frown
At Verdict After Jump in Base Pay
By NATHAN KOPPEL
November 29, 2006; Page C1
. . .
At Simpson Thacher & Bartlett LLP, associates' bonuses aren't tied directly to the firm's profitability, nor do they depend on the number of hours billed. "Bonuses are for people performing satisfactorily or better," says Gary Horowitz, a member of the firm's executive committee. "In corporate America, bonuses are more carefully calibrated to performance."
Big New York law offices tend to take a one-size-fits-all approach to bonuses for associates, because they worry that if they fail to match market leaders, they will be branded as miserly and scare away prized law-school recruits.
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Yeah, I see it now. A real high octane city.
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"In the olden days before the internet, you'd take this sort of person for a ride out into the woods and shoot them, as Darwin intended, before he could spawn."--Will the Vampire People Leave the Lobby? pg 79
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