Managing Partner Forum

Succession planning – how do you prepare for when a key worker leaves?

Claire Morley-Jones is the founder of HR180, a leading advisory firm that helps businesses with all aspects of people management and development. She recently delivered a talk on succession planning to the Managing Partners’ Forum and here she shares her thoughts on the issue. Succession planning is a fundamental part of any business’ future survival Succession planning – how do you prepare for when a key worker leaves?

Do professional firms need non-executive directors? How relevant is board governance to a firm?

Calum Lynch, is responsible for Grant Thornton’s Business Risk Services team outside of London.  He recently spoke at the Leeds Managing Partners’ Forum, discussing risk management in professional services firms.  This blog picks out some of the discussion areas from that presentation. Should your firm have an independent non-executive director? That was the question that Do professional firms need non-executive directors? How relevant is board governance to a firm?

Do unproductive, older legal partners earn the same as major rainmakers?

Guest blog by Peter Smart, Yorkshire head of Managing Partners’ Forum Well, our most recent breakfast meeting created some debate! Benjamin Viney, researcher and author of BDO’s Partner Pay and Performance 2013, compared legal partners’ earnings over the last 30 years. The report examined today’s results in comparison to those found by David Maister, business Do unproductive, older legal partners earn the same as major rainmakers?

Keeping employees motivated during challenging times

Courtesy of Dale Carnegie

The first challenge we had as a group was ‘how do you define ‘engaged employees’?’ This was clearly a new concept to many around the table. The consensus was that engaged employees feel involved in the business, have a clear idea about where it is going and their role in that, there is strong teamwork and employees give that bit extra because they want to see success.