Is the grass always greener?
Partnership & Training: David Furst discusses the ways in which a firm can make sure that a lateral partner hire is worth the investment
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.
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