From disastrous due diligence to delusions of grandeur, leaders from LB100 firms and senior recruitment specialists give their take on making lateral hires work.
‘Be patient and think long term. Moving firms isn’t easy for anyone. It never works out exactly how you’d planned it and the client market can shift significantly, but if the character fit, quality, strategic fit and business fit were right at the outset, then it should come good in the long term. In the meantime, the profit-sharing system needs the flexibility to accommodate this.