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New Career Models in UK Professional Service Firms: From Up-or-Out to Up-and-Going Nowhere?

Abstract:

In this paper, we empirically examine how professional service firms are adapting their promotion and career models to new market and institutional pressures, without losing the benefits of the traditional up-or-out tournament. Based on an in-depth qualitative study of 10 large UK based law firms we find that most of these firms do not have a formal up-or-out policy but that the up-or-out rule operates in practice. We also find that most firms have introduced alternative roles and a novel car...

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Publication date:
2010-01-01
URN:
uuid:00cdf50b-0501-4afd-b04f-b26afde29fa5
Local pid:
oai:eureka.sbs.ox.ac.uk:2647

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