Too much knowledge makes the head bald The number of practices in which a law firms’ partners specialize influences the partners’ mood. Thus, the most smiling are partners who have 10 practices (80% of such partners are smiling) or 3 practices (59% are smiling). And the saddest were the partners with 5 or 12 practices (only 33% of them are smiling). In general, the most positive for partners’ mood is to have 7-10 practices, and the least positive - to have 11-18 practices. The greatest number of law firms’ partners in Ukraine specialize in 4-6 practices (almost 50% of all the partners), but they smile only in 43% of cases. Among the most smiling are partners that specialize in 7-10 practices: 58% of them are smiling. The partners who have 11, 14 or 18 practices do not smile at all.
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Young and old are not alike Finally, there is an obvious correlation between smiling partners of a law firm and the firm’s age. Most happy are partners of law firms that are at the market for more than 20 years (58% of such partners smile), a little less happy are partners of firms that are 10-20 “years old” (49% of them smile). Partners of law firms, established 6-10 years ago are sadder: only 40% of them smile, and the unhappiest are the partners of law firms established 1-5 years ago: only 27% of such partners smile. Despite the fact that this research has a humorous nature, it is based on real data that was a subjected to the most accurate analysis. Visual results of the research can be seen in our infographics. A special Rating of the Most Smiling Law Firms of Ukraine (which is not publicly available) was composed according to the research. However, any law firm can learn about its place in the Rating by sending us a letter with the corresponding request. Sincerely yours, Law Firm «Cai & Lenard»
© Cai & Lenard Law Firm, 2013