I’ve coached enough new Partners (and experienced it myself) to know that the gap between ‘being promoted’ and ‘being a Partner’ is rarely closed by the announcement itself. It’s closed – or not – in the day-to-day reality that follows: the first time you have to take a view without having someone above you to automatically fall back on, the first pitch you lead rather than support, the first time a former peer looks to you for a steer, the first team meeting where you are expected to voice your opinion as a Partner.
Most new Partners have spent at least a decade becoming excellent at the practice of law. The focus has not, however, been on becoming excellent at generating revenue, running a business or leading and managing people – yet all three are now expected simultaneously, from day one.
