Email your news and story ideas to: news@globallegalpost.com
Lateral hires preferred to partner promotions
Senior associates are becoming embittered as they are passed over for promotion in order to leave the way clear for lateral hires, according to an Australian management consultant.
The 'best friend' network will consist of leading firms in the BRICS countries and from the regions covered by China's 'one belt, one road' initiative docstockmedia
Speaking to Lawyers Weekly, John Chisholm, formerly head of Middletons, said: ‘I hear from senior associates who have had to wear the fact that their partnership prospects have been postponed, delayed or in some cases the goal posts have changed. [Lateral hires] are affecting lawyer loyalty ... people blame Gen Y for not wanting to hang around, but look at what is happening around them.’ Source: Lawyers Weekly
