Eversheds is putting its money where its mouth is by creating a special fund to reward staff who live up to its new set of ‘visions and values’.
The firm has allocated £200,000 to be distributed to support and fee-earning staff, including partners, throughout the year, based on nominations from their colleagues.
Managing partner David Gray has unveiled his vision for the firm to become “a great place to work and the most client-centred international law firm” in the next five to ten years. He is also asking partners and staff to live up to six values: being straightforward; working as a team; showing mutual respect; accountability; showing continuous improvement; and being client-centred. In a bid to encourage good behaviour, regional committees will give monthly cash prizes of £50, £100 and £250.
Eversheds is also making headway internationally, hiring an English lawyer for its new Shanghai office. Yvonne Per-cival is joining Eversheds from Steph-enson Harwood. She will be deputy chief representative of the office, which Eversheds has opened as a joint venture with its Singapore associated firm Khattar Wong & Partners. Percival, who is fluent in Mandarin, was lead partner in Stephenson Harwood’s China practice, specialising in international trade, trade finance and arbitration.