In this second video in our series focusing on the key issues surrounding partner performance in law firms, Partners Zulon Begum and David Fisher are joined by special guests Nick Jarrett-Kerr and Jonathan Middleburgh from leading law firm consultancy, Edge International, and authors of the book Managing Partner Performance: Strategies for Transforming Underperforming Partners.
In this video, The One With the Squabbling Partners, Zulon, David, Nick and Jonathan discuss:
- Why do partner conflicts really happen? Often disputes stem from more than just a clash of personalities; leadership transitions, strategic shifts and remuneration changes can all play a role
- The early, and sometimes subtle, warning signs of tension to look out for
- The impact on firm culture – leading to associate dissatisfaction, reduced engagement and sometimes partner exits
- Financial performance isn’t the only metric to measure – low morale and ineffective governance can have undermine long-term success
- The importance of open conversations, 360-feedback and mentoring in addressing issues before they escalate
- Managing partner exits carefully to avoid legal and reputational risks – the importance of clear policies and procedures
- Preventative measures: Establishing a strong firm culture, partner behaviour frameworks, clear governance structures and open communication are key
- The crucial role of leadership in modelling behaviour, setting culture and fostering openness to feedback within the firm
Watch the full video above or listen here.
You can watch the first video in the series, The One With the Underperforming Law Firm, here.
If you would like to discuss any aspect of partner performance or if you have questions arising from this recording, please contact Partners Zulon Begum or David Fisher from CM Murray LLP, or Nick Jarrett-Kerr and Jonathan Middleburgh from Edge International.
