“There was a lot of debate about this. Do you have senior principal, junior principal, senior associate, and so forth? And we said we didn’t want to make the lines between people more apparent than they already are, and those are the three titles and positions.” By reducing the distinctions among people and having as few status categories as possible, competition for status was downplayed and the structure emphasized building a shared identity within the firm. People felt they had a shared fate, that they were in it together, and there was less of a feeling of difference across classes or
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