Reflection of poor management and misguided decisions.
Reminds me of the mid-1980's when I was head administrator for
one of the largest IP law firms in the country. Business was
booming...our client list was a who's who of corporate
America...partners were making more money than they ever dreamed
of. One young partner on the management committee at the time
wanted to squeeze some additional profit and thought the way to do
so was to require associates and staff to sign for legal pads, pens
and pencils, etc. whenever they needed to replenish their supply.
Penny wise, pound foolish, that partner became the laughing stock
of the law firm.
Reflection of poor management and
Posted by RichieD on 4th of Apr 2023 at 08:58 am
Reflection of poor management and misguided decisions.
Reminds me of the mid-1980's when I was head administrator for one of the largest IP law firms in the country. Business was booming...our client list was a who's who of corporate America...partners were making more money than they ever dreamed of. One young partner on the management committee at the time wanted to squeeze some additional profit and thought the way to do so was to require associates and staff to sign for legal pads, pens and pencils, etc. whenever they needed to replenish their supply. Penny wise, pound foolish, that partner became the laughing stock of the law firm.
Thanks for your input -
Posted by steve on 4th of Apr 2023 at 09:09 am
Thanks for your input - clearly business is facing some headwinds and cost cutting has been the rage in Tech (job layoffs in particular)
We just have to trade the charts with orderflow