By Gazette reporter, Lawgazette.co.uk
Partners are more likely to switch firms because they are attracted by a practice’s culture than its pay packets, a legal recruiter claims today.
A survey of law firm partners who have changed firms in the past five years finds that 62% of the 176 respondents said they were attracted by the culture while 15% said the pull factor was the compensation.
The inaugural London Lateral Partner Survey, published by legal recruiter Major, Lindsey & Africa (MLA), found that only 28% of all respondents felt that their cultural expectations had been met in their new position.
Of those who selected culture as the strongest pull factor, two-thirds stated that diversity and inclusion played an important role in their decision. Women feel strongest about the issue, with 61% selecting this as a key driver, compared with only 21% of men.
Read more of this article at The Law Society Gazette.