Contracting success

Davis, Stephen Harvard
June 2005
Lawyer;6/6/2005, Vol. 19 Issue 22, p37
Trade Publication
The article presents the author's views on what it takes to make new contracts result in successful employment. A huge amount of time is spent negotiating and designing employment contracts for senior partners, partners, lawyers and legal team managers. Yet, despite all this time and effort, research shows that between 40 and 50 per cent of all hires in business, including law firms, leave early, are dismissed, or receive a poor performance review within 18 months. Such failure is often in spite of a track record of success. Indeed, the appointment of a partner is always attributable to previous success. There are three common mistakes that many law firms make when designing a new employment contract.


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