Control or Consensus?
Every law firm starts life with a flurry of entrepreneurial adolescence and adulthood, the unmet demands of strategic and managerial decision making can cause the firm to plateau or even regress. Identifying the four phases of law firm development can be the key both to avoiding premature stagnation and to progressing toward institutional status. I […]
New Year’s Resolutions for Law Firm Managing Partners
Tired of New Year’s resolutions that go nowhere? This candid article offers bold, practical strategies for managing partners to reset priorities, empower staff, improve efficiency, and refocus law firm operations—with real-world tactics that go beyond the usual year-end chaos.
Making the Statue of Liberty Disappear
With no mandatory financial reporting standards, many law firms subtly manage their public financial data to shape perceptions. From partner satisfaction to merger leverage, the motivations vary—but the numbers don’t always tell the full story. Understanding how firms “stage” their performance is key to decoding the truth behind the spreadsheets.
Governance in the Growing Partnership
Governance structures in law firms are often outdated and ill-suited for further growth. Transition points are critical as properly constructed governance andmanagement can support the overall objectives of the firm. Good governance structures strike a balance with the firm’s strategy; corporate models offer some ideas for alternatives to the classic ‘partnership systems’. While every structural […]