Announcement: I have big work gossip and I can't share it! Dammit. So y'all get the, um, benefit, even if I have to be so cryptic it only satisfies me. It's not about personal stuff.
Two people signed an enormous, complex contract with our biggest client. They are both senior and respected, but signing something like this is well above their paygrade even so, and the Global CFO is spitting nails. And she is not someone you piss off. We're all going to have to be watching our steps big time - I've heard it floated that she may be brining in an outside auditor to examine contracts and whether people can document that they had appropriate approvals through the process.
This could turn in to such a shitstorm, and it's way above
my
paygrade to even know this stuff is going on so I can't talk about it with anybody.
(I don't really care about personal gossip, but work related stuff is hard to resist digging into.)
she may be brining in an outside auditor
She really sounds pissed.
she may be brining in an outside auditor
I hope the outside auditor's attitude won't be too salty.
I have a friend who once lost a job - her and about half the staff of a large company - because someone had signed a major contract and no one noticed that there was a penalty payment due if they didn't accomplish something within a set time period. The original signer retired, no one else knew about the penalty, the time period passed ... and something like $30 million down the tubes.
Heh. There are definitely times when I curse randomly upwards towards upper management thinking "Who signed a contract that said THIS!?!?"
Email to HR was sent and they responded that I need not be freaked out, except you know, more professional.
Mac will be starting the outpatient school on Friday, provided he is discharged today or tomorrow. Unfortunately it is only 9 - 3:30 and no options for before or after care, so that is something to work out.
When I worked at Orrick, the managing partner for the Palo Alto office signed an
exclusive
six month deal with a headhunter without consulting anybody else, including our head of Attorney Recruiting (my boss).
Just insanely stupid and arrogant. And it wound up costing them a six figure fee to said head hunter when they brought in an ex-Judge as a partner with guaranteed partner draw over a million. (Mind, this deal had nothing to do with the head hunter but because of the contract they had to pay out anyway.)
And to think I used to wonder where the ideas in Dilbert came from.
They'll be in a pickle!
Heh, indeed.
(For a sense of scale, the contract involves more than 50 million s.f. of real estate. Our own account team is more than 700 people. If it's bad - which to be clear, is not yet known - then it could be really, really bad.)
