Word: costs
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...Then the economic crisis set in, and as legal work across the country has dried up, many large and mid-sized firms have turned to a surprising cost-cutting strategy: paying incoming first-year associates - whose starting annual salaries at Manhattan firms is $160,000 - not to show up. So far this year, Marshall and hundreds of other third-year law students at prestigious schools have seen their job start dates pushed back anywhere from just a few months to a full year, leaving those affected scrambling to find other options to fill the time off. "To get my stipend...
...infrastructure required for an extra person on staff. Many nonprofits have seen their own revenues fall in recent months and undertaken layoffs themselves. Just finding the money for another computer can be hard, says Esther Lardent, president of the Washington-based nonprofit Pro Bono Institute, never mind the cost of training and supervising of a brand-new lawyer. "Morale and office tensions also have to be considered," she adds. "At $75,000, these young people might be getting paid more than the most experienced attorney on staff...
...recent round of budget cuts, the administration seemingly forgot to include student safety in their cost-benefit analysis. During these tough economic times, it is understandable that FAS must cut a number of costs to preserve Harvard’s solvency, but the move to dramatically reduce shuttle service is an especially poor choice for a cut, as it severely compromises student safety for an incommensurate financial gain. The proposed cuts to night shuttle service create a variety of hazards and constraints in the lives of students, as do the inconvenient cuts to morning service on weekends...
...biggest polluters, including electric utilities and industries that burn carbon-heavy coal. They would have to obtain permits for each ton of warming gases - chiefly carbon dioxide - limited by the cap. The bill didn't specify how the permits would be allocated or how much those permits might cost. Environmentalists wanted the government to auction them, with the proceeds used to lighten ratepayer utility bills inflated by the higher costs of running power plants and to subsidize energy efficiency measures. (See pictures of this fragile earth...
...changes would be more heavy-handed. Those phone-payment fees would be prohibited outright (unless a customer asks for expedited service, a genuine additional cost which the card company would be allowed to pass along). It could also be substantially harder to market or sell credit cards to young people (those under either...