In many respects, changes in attitude to partnership have mirrored changes in attitude to marriage over the last half-century. Whereas one would still hope that people enter into a marriage with the intention of it being for life, regrettably, it often transpires not to be so. Similarly, a partnership in a professional firm used to be regarded as a final career move. These days, even though most partnerships are entered into with a long-term view, very many do not pass the test of time.

A lateral move to another firm frequently follows. This is a major decision and investment from both the partner’s and the firm’s point of view. The individual wants to be satisfied that the move will provide: