Simpson Thacher gets tough on associates

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  • riiiiight.

    So if you pick your 30 lowest-performing people and get rid of them because business is slow, that's a layoff; but if you pull an unscheduled review, talk to everyone, and *then* get rid of your 30 lowest-performing people, that's mowing the lawn? Please. Other firms are admitting it: why can't they?

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  • harder performance reviews

    I nominate "harder performance review" for euphemism of the year.

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  • Only rumors....

    I work at the firm and I don't understand this article : we've always had a midyear review process. What is so "unusual" and "new" then, since this has already existed for many years ? I can understand that people dislike performance reviews (me included) but the boring and sad truth is that this is not new and has always existed at the firm, and is a common practice in other peer firms.

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  • lies

    I know for a fact this is happening and has happened to at least 2 people I know. And that is a lot considering people won't talk about it if they are told future employers will be told they are in good standing. And its BS that there is a mid year review always. Maybe for newbies, but after the first mid year review you get only yearly reviews. Being called for a "review" only 6 mos or so after your yearly review should send off red flags.

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