
All that glitters is not gold -Encouraging partners to focus on profitability
Partners and fee earners, particularly at mid-market firms, mainly focus on revenues, resulting in a disconnect between services delivered and associated financial aspects.
Join Edward Gordon-Hall, Natasha Frangos, Susanne Pugsley and Richard Sallybanks at an in-person, interactive panel discussion to explore ways to:
· Encourage everyone at a firm to appreciate the vital relationship between revenues and profits.
· Encourage partners to focus on the cost-benefit of a client when deciding on work to pitch for or clients to retain.
· Use metrics beyond billable hours in remuneration decisions, for example: business acumen; recovery rates; and team recruitment costs.
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