Ray D'Cruz and Patrick St John discuss how to measure and reward partner collaboration in professional services firms
July 28, 2021
Welcome to series 3 of the Performance Leader podcast series.
In this episode, Ray D’Cruz and guest Patrick St John discuss Patrick’s recent white paper on Measuring and Rewarding Partner Collaboration.
Patrick, a former law firm leader, lays out a simple model for recognising and rewarding the best collaborators. He also reflects on this experience as a Remuneration Committee member and partner reviewing other partners.
Patrick St John advises professional firms on a range of strategic issues, from governance and financial reporting to performance and reward. His experience in the professional services sector spans 30 years, as a leading finance lawyer with Freehills and Clayton Utz, and as a law firm leader. Patrick was national head of the Freehills finance team. When the firm merged with Herbert Smith in 2012, he was appointed global head of practice for Finance, Real estate & Projects, and member of the firm's Global Executive Committee. Patrick had management responsibility for 120 partners. For 15 years he sat on the firm’s remuneration committee. Patrick also led the firms Alternative Legal Services and was in 2016 appointed Managing Partner, Strategic Implementation. He is author of the recent Performance Leader report Measuring & Rewarding Partner Collaboration.