Report this comment to a moderator

Herbert Smith slashes equity to attain magic profit figure

J - at least it's likely work. Up here in the North East, one of our biggest firms chose to respond to poor financial results by slashing its assistant numbers. After wielding the axe, the firm's largest department had three times more partners than assistants. Did profits go up? No. The firm kept slipping down the rankings. At least if they had the business understanding to apply the Herbert Smith model, the PEP would have started to make recover.

13-Dec-2011

11:30 am