The ALM Legal Intelligence report, 'Up or Out: When Partners Have to Go', found that the second most common reason given by firms was 'no real commitment to the firm'. Many departing partners have been with the firm for a relatively short period of time. Some 55 per cent go in six years or under, while 29 per cent leave in three years or less. Other findings include the fact that 77 per cent of exiting partners say that they were only told of their alleged performance problems when they were asked to go. As regards finding a new post, 62 per cent found their next position through their own personal network and 31 per cent used a headhunter. Source GlobeNewsWire
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