Linklaters to re-run managing partner vote after Davies fails to win backing

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  • This guy should be booted out. Which kind of firm does he want to create? One were partners are consistently in fear of being sacked so that those remaining can make an extra 50K?

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  • It looks like he's already on the way out!

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  • So if he does now secure the vote on the second time around what will that mean for the management of the firm if it doesn't have the mandate to carry out the basics?
    This is a recession and you need strong management, a divided partnership will not get a strong management. What Links needs and lacks is a management that can bring people together.

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  • Linklaters does have the reputation for being the harshest of the magic circle. Not surprising really.

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  • Can Robert Elliott not put himself forward for the role then?

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  • Davies should just get rid of a few more partners - there'll soon be so few left it'll be much easier for him to get a 75% approval rating ...

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  • This is quite extraordinary - given the innate conservatism of most partners (many of whom vote Yes to any proposal from management) this amounts to a real rejection of the candidate and the course which he has taken the firm. Is this an Arab Spring moment when the owners of the business reclaim control of the partnership? I suspect sadly not - still, there is time for a Hesltine challenger to emerge ...

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  • Truth is, the firm isn't growing. Only way to make new partners and retain MA's is to get rid of bottom 20%. Model is not unusual....it is up or out applied all the way. In some way it is a great model, at least it give severly under paid associates chance to make their millions.

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  • @ Anonymous | 17-Feb-2012 3:37 pm - 20%+ of London-based associates are likely to be cut too so I doubt they are crowing too much.

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