Jeremy Callman, Barrister at Ten Old Square, David Shufflebotham of Pep Up Consulting and Sarah Chilton and Andrew Pavlovic, Partners at CM Murray LLP, explore the important and practical considerations professional service firms ought to consider when making decisions about partner promotions and remuneration. Their discussion addresses key questions and topics including:
- What do the regulators, such as the SRA, expect regarding workplace culture and partner performance? How does this impact firm strategy and decision-making?
- What factors should an organisation consider when developing its partner promotion and remuneration strategy and processes?
- What does an effective partner performance evaluation process look like?
- What governance powers and documentation are required to implement these evaluation and remuneration processes?
If you would like to discuss any of the above issues in further detail, please contact Partners Sarah Chilton and Andrew Pavlovic, who specialise in partnership, professional discipline and regulatory law issues for firms and partners.