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Headline

Clifford Chance to cut City associates in response to 'low NQ attrition'

Comment

This is absolutely normal in a large firm. The way the work allocation is done is that there needs to be a certain number of people at each level, and a 20% per year attrition. If people aren't leaving then they're paying extra for people higher up the lockstep to do jobs, when the work can be done by NQs who get paid 61k a year.

Posted date

23-Mar-2012

Posted time

7:18 pm

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