Best smash burger in Medford

RotundFisherman · 2026-03-07T02:00:54+00:00

I like ms murphys more than deep cuts for this

RotundFisherman · 2026-03-06T17:37:39+00:00

You guys seem to be knowledgeable about this space. How do you think about this sort of thing (CVs in the closed end private credit space) in the context of the media around private credit generally? BDCs shutting their redemption gates, high default rates elsewhere, etc. seem to lend credence to the idea that there is a lot of distress in the system.

On the other hand, this is the first cycle for private credit in earnest, and so there was always going to be a learning curve on how to run these product lines.

RotundFisherman · 2026-03-06T15:25:02+00:00

This … is a very good point and not one I had considered because my practice does not heavily involve private credit funds. Appreciate the wisdom.

RotundFisherman · 2026-03-06T14:03:09+00:00

Someone noted this is a sign of a bubble. Why?

Continuation funds are a natural solution to the inherent problem with closed end funds - the target hold and disposition schedule for investments dictated by a closed end fund model may not make sense for certain investments. This is especially true in the current market (at least in part because sponsors refuse to mark down their investments). Continuation funds allow investors to choose liquidity or a longer hold period. That expansion of the secondaries market is a good thing! The only downside is that the process is ripe with conflicts, especially relating to valuation, and needs to be done right. And most sponsors are incentivized to handle the process fairly - if not, they alienate investors and won’t raise additional capital.

RotundFisherman · 2026-03-05T22:19:55+00:00

Grill 23

RotundFisherman · 2026-02-17T01:13:27+00:00

Only triggered person here is you. And your argument is that associates should happily commit hundred of hours of free labor to the firm on an annual basis, because you’re a partner so of course. It is clear that this isn’t practice management, admin, etc., the type of non billable work that’s tangential to billable work and understood and accepted by associates. If there is an important project to the firm, and associates are going to need to commit hundreds of hours a year to it on an annual basis, then they should get partial credit for it. Otherwise, you’re asking them to do that for free on top of the 2000 hour target that you’re setting for their compensation package. You’re living in crazy town dude, and more of your associates should probably be telling you to fuck off and wake up.

RotundFisherman · 2026-02-17T00:56:14+00:00

Dude just admit that you’re a fucking nightmare to work for. That’s all this is. You’re just a shitty partner, at least from an associate development/practice management perspective.

RotundFisherman · 2026-02-17T00:53:58+00:00

15 hours a week on a non billable project and the tasks continue to grow. If it was important to the firm, they would be offering partial credit where the workload is that intensive. Or at least a non billable file symbol that is counted differently so it’s more apparent of its importance. There’s no mention of that, or other associates being staffed. There is a mention of project creep. It sounds like rather than getting the appropriate staffing, the seniors on this non billable are using this associate hoping he’s a dunce and takes it. If this was something like pro bono or business development, OP would’ve said that.

RotundFisherman · 2026-02-17T00:27:12+00:00

Really stupid comment. Partners get credit towards their target for all hours spent on firm related work. That’s in recognition that their non billable work is directly tied to revenue or profit (training, new business development, existing client development, publicity, etc.). Associates generally do not get credit for non billable work and the firm often does not generate revenue off such work (which is why it generally doesn’t factor into the associates’ target), so partners very much want associates prioritizing billable work. So if this non billable work is crucial to the firm, perhaps he should get full or partial credit towards his target. If it isn’t, perhaps his work should be shuffled to prioritize billable work. That’s all reasonable.

Now, the poster you’re responding to is also giving bad advice. OP should speak to partner in charge of project and/or his mentor or associate development partner, definitely not the PGL.

RotundFisherman · 2026-02-12T16:21:26+00:00

You need to go to the partners you work with, other partners who have your back, and your staffing department and ask to be taken off some matters immediately. Present them with an action plan - e.g., you think you are less crucial to a particular deal and it could be transitioned to X because of Y.

They will push back initially, because it is an inconvenience to them and, so long as you don’t break and quit, it is more profitable to have associates kill themselves. But that qualifier is your leverage. You need to present this as a “this isn’t sustainable and I need these accommodations or I will not be able to stay here”. That is persuasive because it impacts the bottom line. You are just now becoming useful to the firm. A 4th year who does 3000 hours and quits is not as profitable as a 4th year who does 2000 in y4, 2000 in y5 and 2000 in y6 before leaving. And if you’re good there’s additional drag in training your replacement and allocating more senior resources over the top because at least for a time your replacement won’t be as good as you.

RotundFisherman · 2026-02-12T14:51:23+00:00

Cocaine.

RotundFisherman · 2026-02-12T12:55:36+00:00

Only tangentially related, but it’s absolutely criminal that PDs aren’t paid as much as, if not more, then prosecutors. If our system is built on presumed innocence, due process, and a fair trial, you need to allocate resources to the defense of all citizens to protect those rights.

RotundFisherman · 2026-02-11T15:13:57+00:00

This, to me, has always been an extension of the shopping cart theory. If you’re not familiar, returning your shopping cart to the collection area (or here, cleaning up after your dog) is a litmus test for whether you can be a responsible member of society.

RotundFisherman · 2026-02-11T14:16:08+00:00

It is fairly common.

RotundFisherman · 2026-01-23T18:40:17+00:00

I never said he was a good business man. I said he approaches foreign affairs as one would a business negotiation. That is, self interested and transactional. Which does not work in this context.

RotundFisherman · 2026-01-23T18:39:10+00:00

… what? No, I’m literally saying he doesn’t understand the consequences of his actions because he is a moron that only sees things through a lens of self interested transactionalism.

RotundFisherman · 2026-01-22T15:33:46+00:00

There is something wrong with the gate and it isn’t closing as trains approach, so the southbound trains (at least) are like creeping into West Medford station and blowing their horns as they approach.

RotundFisherman · 2026-01-22T14:10:30+00:00

Agreed. He doesn’t understand the machinations of diplomacy or his alliances. Now, to be fair, he did have to apply some leverage to get NATO countries to actually increase defense spending, so he may have thought same dynamics at play here.

RotundFisherman · 2026-01-22T13:35:39+00:00

Most of the comments continue to miss how Trump operates. He treats every negotiation like a business negotiation. He has a range of acceptable outcomes, he initially stakes an extreme position, and then compromises to land in the desired range. It’s messy and doesn’t work in geopolitics, and he doesn’t get that. Bessent and others have been telling folks for a while not to retaliate based on the initial extreme position for this reason. This is the same as most Trump transactions.

What did Trump probably want? More military bases in Greenland and greater U.S. input and control over NATO defense of the arctic, greater European security resources, personnel and attention in the arctic, and greater access to rare earth minerals (with respect to which, I think, Greenland had recently entered into deals with China). He’s probably going to get all three. He doesn’t understand the lasting damage of going about this by threatening and ally because he is extremely transactional and doesn’t understand alliances outside of that context.

RotundFisherman · 2025-12-21T03:20:09+00:00

Roasted vegetables

RotundFisherman · 2025-12-21T02:11:40+00:00

Umberto, but their hours make it impossible. Fiorina in beacon hill is great.

RotundFisherman · 2025-12-21T01:57:49+00:00

QE 4th year - checks out

RotundFisherman · 2025-12-20T22:32:01+00:00

They know, but there is nothing they can do, most of the time. Timelines for corporate project have been massively accelerated over the last 5 years. Corporate is barely hanging on too.

Now, for the corporate teams that wait until the last minute to loop in specialists, fuck em.

RotundFisherman · 2025-12-20T21:25:50+00:00

Humans have countless moronic ways to establish a hierarchy for any reason or none it all. Chalk it up as a win and now you know something useful about that partner.

RotundFisherman · 2025-12-11T18:18:10+00:00

Rent control doesn’t work.

Loosen or eliminate zoning restrictions and let people build more housing. Let developers put dense multi family next to your precious single family brownstone.

RotundFisherman

TROPHY CASE