Governance

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Why Should Law Firms Consider Appointing a Board Advisor?

By Leon Sacks

Exploring the value of the appointment of a “Board Advisor” whose role is to provide expert support and advice to the governing board, without the firm releasing ‘power’ to an outsider.

Avoiding Law Firm Armageddon: The Sequel … Two Strikes And You’re Out

By Jonathan Middleburgh

Once broken, trust between partners is extremely difficult to rebuild.  A successful mediation of a conflict between partners can only ever be the first stage of the rebuilding of that trust – and, as with any relationship, the key players need to continue working on the relationship.

INTEGRATION OR DISINTEGRATION, THAT IS THE QUESTION

By Leon Sacks

Firms can easily lose the focus on integration, an intangible asset, while they are busy dealing with the tangible issues of day to day operations, developing business, serving clients and controlling finances. It is better to manage integration than recover from disintegration.

5 Compensation Issues to Review at Reopening

By David Cruickshank

We all hope the tide will come back shortly after reopening. A candid review of your crisis response and tweaks to your compensation will demonstrate leadership and stability.

Planning for Recovery: Seven Strategies for Opportunistic Law Firms

By Nick Jarrett-Kerr

Adverse conditions can provide opportunities for firms to dramatically enhance their competitive position in a relatively short period of time.

Five Models for Assessing Partners and Lawyers

By Nick Jarrett-Kerr

The goal of an effective evaluation system should be to get the best out of the individual in the future rather than just scoring the past.

A Simple Governance Framework for Small to Mid-Sized Law Firms

By Sean Larkan

This simple, flexible governance framework avoids the need for complex management structures and addresses the needs of a large majority of firms.

Governance in a Law Firm: Poisoned Chalice or Opportunity?

By Yarman J Vachha

The time spent by lawyers inefficiently muddling through operational functions detracts from their fee-earning work, which adds much more to the bottom line.

Avoiding Law-Firm Armageddon: How a Major Law Firm Nearly Imploded… and How the Conflict Was Resolved

By Jonathan Middleburgh

Senior-level conflict can threaten the very existence of a law firm. Mediation is one tool to address such conflicts: but the process is far from straightforward.

Profit-Sharing in Smaller Partnerships

By Neil Oakes

In my most recent article, I looked at some alternative options for profit-sharing among law-firm partners. All of […]