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Cloud cuckoo brand

@Anonymous, 11.10. I think you're right up to a point, but I'm not sure you can blame the reporting of profit levels - which is what all business journalists do on a daily basis - for what happened at Halliwells. In putting together The Lawyer UK200 we do spend a lot of time collating all sorts of stats such as revenue per lawyer and earnings per partner, the latter being a truer reflection of partner remuneration. And despite these equally meaningful benchmarks, PEP remains the most emotionally effective tool at any leadership team's disposal, whether it be internally managing performance or externally in the lateral recruitment market. In any case, to say we started it is to ascribe a greater degree of influence over lawyer behaviour than I think legal journalists have. City lawyers in particular are far more influenced by the fact that their investment bank/hedge fund neighbours are making what they see as serious money, while magic circle partners measure themselves against the rest of the transatlantic elite. Halliwells, of course, is a different case again..

3-Aug-2010

12:08 pm