Partners tend to move for a variety of reasons (not always financial) and particularly at equity level it is no longer the case that partnership is for life. Over the past 15 years or so partnership mobility has become the norm and law firms are always open to an opportunistic approach by a partner/team particularly if accompanied by a strong following which will increase the profits per partner within the new firm.
At Partner Designate/Fixed Share level you are likely to find that a law firm will be more interested if they are looking to make a strategic appointment within your area of specialisation. However, opportunistic recruitment frequently takes place but will this will be more dependent on the economic climate, whether you have any degree of portable client following and whether you have well honed client winning/retention skills.
At Rushton Bond we have many years experience of brokering moves for partners/teams. We are networked at the highest level and our market intelligence is detailed and accurate. As such we can provide you with an overview of all the options available to you (unlike a headhunter who will typically approach you with only one opportunity).Thereafter we are able to advise on how to conduct negotiations, how to draft a business plan (please read ‘The Business Plan’ under the ‘Candidates’ heading),how to handle the strategic withdrawal from your current partnership and any other specific queries which may arise.
For an initial discussion please contact Graham Manley in complete confidence.