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RANK steps of a firm in desperation
| stirring dull sweet tailpipe dingle berry | 03/19/09 |
| grizzly tattoo point | 03/19/09 |
| offensive apoplectic resort foreskin | 03/19/09 |
| at-the-ready national | 03/19/09 |
| vibrant coral nibblets | 03/19/09 |
| ruddy thriller gaming laptop | 03/19/09 |
| impressive french multi-billionaire | 03/19/09 |
| ruddy thriller gaming laptop | 03/19/09 |
| Elite Party Of The First Part Voyeur | 03/19/09 |
| impressive french multi-billionaire | 03/19/09 |
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Date: March 19th, 2009 3:56 PM Author: stirring dull sweet tailpipe dingle berry From least drastic to most drastic.
Cutting perks Reduced 2L summer program (size & extravagance) Shorter 2L summer program No-offering 2Ls Rescinding 3L offers Delayed start date Deferred start date Cutting bonuses Temp salary freeze Indefinite salary freeze Stealth layoffs Laying off staff Laying off associates Laying off first years Laying off non-share partners Dissolving |
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Date: March 19th, 2009 4:02 PM Author: grizzly tattoo point If by "least to most drastic" you mean the order in which they are typically done, TITCR:
Cutting perks
Reduced 2L summer program (size & extravagance)
Shorter 2L summer program
No-offering 2Ls
Laying off staff
Cutting bonuses
Stealth layoffs
Delayed start date
Deferred start date
Temp salary freeze
Indefinite salary freeze
Laying off associates
Rescinding 3L offers
Laying off first years
Laying off non-share partners
Dissolving |
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Date: March 19th, 2009 4:09 PM Author: offensive apoplectic resort foreskin From least to most desperate.
Cutting perks
Reduced 2L summer program (size & extravagance)
Shorter 2L summer program
Layoff Staff
Cutting bonuses
Delayed start date
Deferred start date
Temp salary freeze
Indefinite salary freeze
Stealth layoffs
No offer a few summers
Laying off associates
No offering substantial number of summers
Laying off first years
Rescinding 3L offers
Dissolving
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Date: March 19th, 2009 3:57 PM Author: at-the-ready national i rank these steps a 10.0 (http://www.autoadmit.com/thread.php?thread_id=955463&forum_id=2#11189191) |
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Date: March 19th, 2009 3:58 PM Author: vibrant coral nibblets 1. Cutting perks
2. Cutting jerks |
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Date: March 19th, 2009 4:04 PM Author: ruddy thriller gaming laptop Cutting perks, Reduced 2L summer program, Shorter 2L summer program (only 2Ls pay attention to summer program details), Cutting bonuses
No-offering 2Ls, Delayed start date
Deferred start date, Laying off staff, Stealth layoffs
Indefinite salary freeze, Temp salary freeze (I dont't think anyone distinguishes between these two)
Laying off associates, Laying off first years (yeah, it's mean, but that's the least useful and generally the most overpopulated class year, and every firm that's doing public layoffs has done so to my knowledge)
Rescinding 3L offers (I think this is particularly bad because it means you have little hope things will improve in 6 months)
Laying off non-share partners
Dissolving
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Date: March 19th, 2009 4:05 PM Author: impressive french multi-billionaire Cutting perks
Reduced 2L summer program (size & extravagance)
Shorter 2L summer program
Rescinding 3L offers
Delayed start date
Deferred start date
Cutting bonuses
Laying off associates
Temp salary freeze
No-offering 2Ls
Stealth layoffs
Dissolving
Laying off staff
Laying off first years
Laying off non-share partners
Indefinite salary freeze
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Date: March 19th, 2009 4:06 PM Author: ruddy thriller gaming laptop I don't understand the placement of dissolving. (http://www.autoadmit.com/thread.php?thread_id=955463&forum_id=2#11189260) |
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Date: March 19th, 2009 4:08 PM Author: Elite Party Of The First Part Voyeur Its not nearly as bad as laying of secretaries who read romance novels at their desk and sell crafts on ebay for 7.5 hours a day. (http://www.autoadmit.com/thread.php?thread_id=955463&forum_id=2#11189272) |
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Date: March 19th, 2009 4:08 PM Author: impressive french multi-billionaire I just wanted to be different. (http://www.autoadmit.com/thread.php?thread_id=955463&forum_id=2#11189273) |