Page 1 of 1
Do laterals get severance?
Posted: Mon Feb 20, 2017 4:19 pm
by Anonymous User
Hypothetically, if you lateral into a V100 firm and just suck at your job no matter how hard you try. The partners realize this pretty early on, will they still go through the warning, severance, hoops? Or because you are a lateral who recently joined GTFO immediately?
Re: Do laterals get severance?
Posted: Mon Feb 20, 2017 4:25 pm
by Anonymous User
I've heard you get a much shorter leash as a lateral.
However, it's xo/tls flame that you get huge amounts of severance. My firm gave one month. Quinn gives 6 weeks.
Re: Do laterals get severance?
Posted: Mon Feb 20, 2017 4:41 pm
by Anonymous User
Anonymous User wrote:I've heard you get a much shorter leash as a lateral.
However, it's xo/tls flame that you get huge amounts of severance. My firm gave one month. Quinn gives 6 weeks.
Shorter leash as in, less of a tolerance for screwups or less severance? How could anyone possibly find a job within 4 weeks?
Re: Do laterals get severance?
Posted: Mon Feb 20, 2017 5:40 pm
by RaceJudicata
Anonymous User wrote:Anonymous User wrote:I've heard you get a much shorter leash as a lateral.
However, it's xo/tls flame that you get huge amounts of severance. My firm gave one month. Quinn gives 6 weeks.
Shorter leash as in, less of a tolerance for screwups or less severance? How could anyone possibly find a job within 4 weeks?
I mean, they don't have to give you a dime. So 4 weeks is better than zero.
Re: Do laterals get severance?
Posted: Mon Feb 20, 2017 9:26 pm
by Anonymous User
RaceJudicata wrote:Anonymous User wrote:Anonymous User wrote:I've heard you get a much shorter leash as a lateral.
However, it's xo/tls flame that you get huge amounts of severance. My firm gave one month. Quinn gives 6 weeks.
Shorter leash as in, less of a tolerance for screwups or less severance? How could anyone possibly find a job within 4 weeks?
I mean, they don't have to give you a dime. So 4 weeks is better than zero.
do they at least get warnings and/or more time on website?
Re: Do laterals get severance?
Posted: Mon Feb 20, 2017 10:38 pm
by Anonymous User
Anonymous User wrote:I've heard you get a much shorter leash as a lateral.
However, it's xo/tls flame that you get huge amounts of severance. My firm gave one month. Quinn gives 6 weeks.
Recently fired from v10 - I got 3 months of pay
Re: Do laterals get severance?
Posted: Mon Feb 20, 2017 11:03 pm
by Anonymous User
Anonymous User wrote:Anonymous User wrote:I've heard you get a much shorter leash as a lateral.
However, it's xo/tls flame that you get huge amounts of severance. My firm gave one month. Quinn gives 6 weeks.
Recently fired from v10 - I got 3 months of pay
Did you also get 3 months on the website?
Re: Do laterals get severance?
Posted: Tue Feb 21, 2017 1:24 am
by Anonymous User
Anonymous User wrote:Anonymous User wrote:I've heard you get a much shorter leash as a lateral.
However, it's xo/tls flame that you get huge amounts of severance. My firm gave one month. Quinn gives 6 weeks.
Recently fired from v10 - I got 3 months of pay
Were you a lateral?