chop shop
A phrase used on Wall Street to describe a firm that hires new graduates, works them like slaves for a few years (ie. 100hrs+ a week), and then once they've exhausted their use kicks them out the door.
I'm not too sure about Houlihan in the Minneapolis office. As a whole, the firm is respected and has a great presence in the middle market, but I've heard it's quite a chop shop.
chop shop by Zweihander-FA July 6, 2010
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