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Lateral damage: failed hires cost London dear

This is interesting research, but I am rather sceptical about describing all lateral hires that result in a further move within 5 years as 'failures'. There are loads of reasons why people might move on, only some of which are connected with 'success' or 'failure'. 5 years is a relatively long time in a professional career, and I think the culture of viewing people who have moved between a number of firms as suspicious or substandard adversely affects those within the profession. The 'trickle down' effect of this view allows firms to get away with exploiting associates to a greater degree than would otherwise be possible if there were less stigma about moving between firms.

27-Feb-2012

2:51 pm