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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I remember when this happened at my big firm around 2000.  Many, many associates pushed for their salaries to be raised, too, to keep up with the market.

It was about 5-7 years later that many of those same associates got laid off. [/quote]

Yeah, but in the up or out model of firms, that is going to happen anyway.  Higher salaries probably only exacerbate on the margins.  Many people would have been glad to get the extra salary for all of those years, as would all the people who voluntarily leave after a few years.[/quote]

The layoffs that happened at our firm later had not happened there in that magnitude in the last 30 years, or maybe ever.

But I'm not really trying to argue with you.  I'm just trying to stand behind you like you're Patton and whisper in your ear, "All glory is fleeting."[/quote]

I think it's fair to say that the layoffs beginning in 07 were unprecedented. As were the firms that folded leaving thousands of associates flopping about like fish out of water. While not having a 35K salary hike may have saved some, the impact was negligible. Dead weight is dead weight and it is very difficult for a partner to live in less than 7 figures. [/quote]

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