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Partner Teams – the benefits, the challenges and why some partners don’t like them! (Part One)

Partner Teams – the benefits, the challenges and why some partners don’t like them! (Part One)

Over the years I have often been asked by clients to clarify what the benefits or otherwise are of partner teams. This is because they have heard that it may be beneficial to establish such a structure or where there is such a structure in place, there has sometimes been push-back from some partners.

By partner teams we mean a partner with tiers of lawyers by seniority or experience who report directly to her or him and for whom such partner is principally responsible.

I will say upfront that I strongly favour the formation of partner teams. This comes from my experience and the results achieved, financial and otherwise, as a partner in practice, as a managing partner or CEO of large corporate law firms over twenty years in three jurisdictions, and consulting to firms internationally over the past twelve years.

In my experience, the benefits unquestionably far outweigh any perceived disadvantages that may arise (which can, in most cases, be easily managed), so much so that I believe it is a ‘no-brainer’. It does take good management, good leadership, some discipline and follow-up and also some structural changes, but nothing drastic and they also contribute various benefits to the outcomes. Let me try to expand on this and put you in a position to make a decision for your own firm.

Here in Part One, I have set out, in bullet-point form for the purposes of brevity, what I see as the benefits of teams and why partners like them.  At the end of this article, I describe what you can expect to find in Part Two.

Benefits of teams and why partners like them

CLIENTS:

PARTNERS:

In Part Two I will deal with points 2, 3 and 4, (bolded)

  1. Benefits of teams and why partners like them;
  2. The disadvantages of not having them;
  3. Potential challenges and disadvantages of a team structure;
  4. Why some partners, in our experience, do not like them!

I welcome your questions and or comments by email to me at sean@edge-international.com.