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Across all bands, except GR’s team, barely anyone got decent increments and I’ve heard that many counsels were not even given increments. Also, bonuses for the past F.Y. were not given to most counsels while the partners retained their two tranches.
After the fiasco of increments, so many people are leaving the firm and what’s more surprising to see that the partners are replacing experienced counsels with freshers which lead to diminishing work quality.
Another thing is that the EPs for some reason have also not given increments to non-counsels this year.
I’ve also heard that a few partners are leaving as well, even from the so called protégés team. Well as for the protégé, another thread is already exposing his works and the way he operates.