Overhead issues. Uh oh, I've heard
that one before. I used to work for a company that got themselves into a rather expensive long-term lease of Class A space, when the size of the office staff did not justify the move from a much smaller Class A space. (Most of the staff worked in the field and had very little daily contact with the main office). Man, that is sad. I heard from a friend about someone who was supposed to start at Arter in September. There was a meeting, and em left with no idea of whether em would have a job or not after the Bar. That now leaves open the question of whether it will be the kiss of death for any future recruiting if A&H should, by some miracle, be able to avoid extinction.
What about other struggling firms? Do you think we've seen the last of the bloodbath, or will there be others facing either extinction or consolidation. The boom years had to have fooled other firms into being overly optomistic about their prospects for growth. When does it end?
sf