As firms lose business, many are turning their cost-cutting sights on their greatest asset and biggest expense: their people. But out of serious challenge comes the opportunity to examine the entire spectrum of talent management and compensation—and to restructure the firm’s business model in overdue ways.
To ensure the security of the partnership, all partners must contribute to nurturing the personal, professional and economic bonds that keep the firm together. It’s time to evaluate your contributions and assess how you are doing.
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