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It can be hard to tell your partners in your law firm or accountancy firm that you want to go for partnership. You don’t want to come across as pushy or arrogant, or speak out of turn. But I’ve spoke to many partners over the years and they all agree that if you want to…
You may be wondering, what does taking responsibility for your own career have to do with making partner? Surely it’s your firm’s responsibility to help your career progress? Well, yes and no. At the end of the day, it is your responsibility to drive your own career. I’m Heather Townsend, author of Poised for Partnership and co-author…
The title of our book is ‘How to make partner AND still have a life’. However, how many of us actually take the time to step back and think about what the ‘AND still have a life’ bit means? We only tend to think about the ‘how to make partner’ – often to the detriment…
In yesterday’s blog post, we talked about the importance of ‘fit’ between your personal values and your firm’s culture and values. Here are 9 questions which will help you honestly assess how good a match there is between you and your firm: How would you describe your firm’s culture, both written and unwritten? How well…
I was talking to a highly respected and long-serving partner from a top twenty accountancy practice a few weeks ago. It was with great sadness that he told me that the firm’s values seemed to have changed for the worst, and they no longer matched with his. At this point, I knew that he was…
This is part 2 in a blog series about how to build your profile without physically being there. In part 1 we looked at the importance of prioritizing who you will meet and which events you will attend. We also examined how social networking allows you to build your profile without leaving your desk, or…
When I started my own business I had a 20 month old and a 3 year old. My decision to be my own boss had been preceded being made redundant, whilst the global economy crashed. Yes, that was three years ago. As my business was started in haste, I didn’t have the luxury of pots…
I was having a conversation today about the whole ‘how to make partner and still have a life’ proposition. In the conversation we explored our reactions to an e-mail I had received from one of my network, which contained the damning and immensely sad lines: I don’t think my firm would approve of me wanting…
In yesterday’s post we looked at ways to identify if you are lacking in career ambition. In today’s post we look at the many reasons why you may have lost your career ambition: 1. Bored 2. Don’t trust your firm 3. Don’t trust your partner 4. Don’t trust your mentor 5. Don’t trust your counseling/line/staff/appraising…
Most professional partnerships are not limited companies, but are owned solely by the partners within the company. If you want to be admitted to the partnership you will typically be asked to cough up a capital sum, to qualify for a slice of the firm’s equity. This capital injection could be as little as £30k…
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