Sentences with phrase «partner defections»
"Partner defections" refers to a situation where one or more individuals or organizations decide to switch their allegiance or end their partnership with a particular person, group, or entity. It implies that a previous partner has chosen to leave or abandon a relationship or collaboration. Full definition
Merger talks that could have seen UK insurance leader Clyde & Co play the role of White Knight to Sedgwick have faltered amid a spate of partner defections from the ailing US firm, according to sources close to the matter.
legalweek.com
«The optics of any accumulation partner defections between now and 2020 are negative in our view, making new Aeroplan partner announcements between now and 2020 that much more critical to stem changes in member behaviour,» he wrote in a report.
Cadwalader Wickersham & Taft saw its revenue decline in 2016, amid partner defections and office closures.
Both firms have had to deal with a number of partner defections during the past year.
... and then associate to partner ratios have to go up to keep the profits per partner high enough to prevent partner defections.
Whether it be the loss of a major client, partner defections, partner conflicts or the firm is simply declining at a rapid rate, it is very difficult for firm leadership to address these issues without objective support from the outside.
In recent months Norton Rose has seen both partner defections — losing new dispute resolution head for the firm's Russian practice.
There are some managing partners who are empowered to take a «let»em leave» attitude to partner defections.