Grant Thornton UK to recruit 160 new partners over next two years

Core Insights - Grant Thornton UK plans to recruit 160 new partners over the next two years, combining internal promotions with targeted external searches [1] - The firm currently has 280 partners and has made 40 partner appointments so far this year [1] - The recruitment plan is supported by executive search companies Korn Ferry and Wilton & Bain, along with an advisory firm to refine the partner selection process [1][2] Recruitment and Partnership Model - The recruitment initiative follows a recent transaction with Cinven, marking a shift in Grant Thornton UK's partnership model away from traditional structures [2] - The firm has increased investments in talent and technology, including training in data and digital skills for all staff levels [2] - New employee reward schemes have been introduced, including an Employee Benefit Trust and additional bonuses, resulting in partner compensation that is typically 50% above market rates [3] Strategic Vision and Growth - CEO Malcolm Gomersall stated that 2025 is a transformative year for the firm, aiming to combine equity ownership with external investment to enhance competitiveness [4] - The firm has an ambitious growth plan, leveraging its strong brand, unique operating model, and industry-leading quality to drive future momentum [4]