CM Murray LLP - Employment, Partnership and Regulatory Law podcast

Managing Partner Performance: The One with the Squabbling Partners

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In this second 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 recording, 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

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