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Firms are conducting their mid-year associate reviews around this time. What about partners? Typically, partner feedback is given by means of their new annual compensation. If your firm is not doing partner reviews now is the time to start. As firms are looking for ways to increase retention and survive the great resignation conducting partner reviews might hold the key. Doing reviews makes a statement about your firm's culture.
Firms that conduct annual partner reviews often rely on a self-report from the partner and an analysis of the partner's statistics (hours, origination, etc.). This quantitative data will not help combat the outflow of associates. What firms need are qualitative reviews that discuss and reveal the impact of partners' behaviors. This reveals the firm's culture.
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