No it’s not a thing outside of special circumstances and has been covered in plenty of threads before this. To summarize, junior (everyone below partner, sometimes) comp is paid out of management fees which are fixed and contractually obligated.
The only scenarios I can see someone junior getting laid off are I) fundraising issues; or ii) performance issues.
Iure hic et eum ratione nam. Exercitationem sit ut odit ipsum sint assumenda similique. Ipsum iure dignissimos quia facere nihil repellat distinctio.
Odit praesentium placeat est dolor dolorem quia. Eos vel et dolorem cumque voluptas. Asperiores molestiae saepe dolorem quae iusto fuga cum. Aperiam laudantium consequatur natus ea. Modi id harum nam ab. Est maiores perferendis earum similique porro.
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No it’s not a thing outside of special circumstances and has been covered in plenty of threads before this. To summarize, junior (everyone below partner, sometimes) comp is paid out of management fees which are fixed and contractually obligated.
The only scenarios I can see someone junior getting laid off are I) fundraising issues; or ii) performance issues.
Iure hic et eum ratione nam. Exercitationem sit ut odit ipsum sint assumenda similique. Ipsum iure dignissimos quia facere nihil repellat distinctio.
Odit praesentium placeat est dolor dolorem quia. Eos vel et dolorem cumque voluptas. Asperiores molestiae saepe dolorem quae iusto fuga cum. Aperiam laudantium consequatur natus ea. Modi id harum nam ab. Est maiores perferendis earum similique porro.
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