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Mediation should be used before partner disputes become intractable

By Mark Whittell, Risk Partner, Cobbetts

19 January 2012

By Mark Whittell, Risk Partner, Cobbetts

 

It is a difficult time for all law firm partnerships. The recession from 2007 has caused significant reductions in fees and redundancies have been made. While turnover is beginning to improve, the economy is not recovering as we would like and, with the problems from the eurozone, we face the real risk of a double-dip recession. That uncertainty has been with us for three or more years.

While the odd quirky habits of one partner may have been tolerated, they are now becoming more of an issue. The slightly underperforming partner is more open to criticism and the differences in profitability between ...

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