Clifford Chance loses eight fee-earners through redundancy

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  • When are big firms going to learn that shedding these people may work now, but the real culprits are as reported in a recent periodical: hyper-inflated partner wages for many years.
    Cut partner wages by at least 50%. Plough the money into the business. See profitability come back, only if everyone is made to work to earn. Show-ponies are for 20th century-thinkers.
    This is a new century with the need for an old attitude: thrift.

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  • Reading all this just adds to my confusion about which seats would be really safe to go into with a view of qualifying and being retained by the firm. Nothing seems stable or logical.

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  • Anybody else notice that a lot of the advertised vacancies require "excellent academics" even at senior level? Looks like firms are using the opportunity to fill themselves up with as many Oxbridge applicants as they can.
    Anybody else want to set up a new firm and trounce the big boys who have got far too big for their shoes now?

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