- Transparent and fair,
- Achieving the right balance between important financial and non-financial expectations of partners,
- Flexible enough to reward, attract and retain high performers and
- Effective in driving the firm's overall business strategy.
From “dog bowling” in an “eat what you kill” profit sharing structure, to how to distinguish between and handle the “gorilla” or “elephant” rain-making rogue partner in a firm’s reward system, the visceral language flying around at the interactive Professional Practices Alliance breakfast seminar on Partner Contribution and Reward on 31 January 2017 was in keeping with what was a lively, topical and engaging session.
On 16 March 2017, the Professional Practices Alliance hosted an evening seminar:
What New and Prospective Partners Need to Know
The seminar was attended by a number of new and prospective partners from a variety of law firms.
Clare Watkins, Partner at Buzzacott LLP, Corinee Staves, Partner at Maurice Turnor Gardner LLP and Sarah Chilton, Partner at CM Murray LLP discussed a range of topics including: