INTEGRATION OR DISINTEGRATION, THAT IS THE QUESTION
By Leon Sacks, October 28, 2020
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.
Partner Teams – the benefits, the challenges and why some partners don’t like them! (PART TWO)
By Sean Larkan, October 13, 2020
Too often, partners with specialties do not train successors in that area of work, do not introduce their clients to team lawyers in an organised, structured way and when they retire the ‘cupboard is often bare’ i.e. no real succession has been provided for in regard to skills transfer, personnel or key clients. Legal staff are left in a melting pot of uncertainty as to workflow, quality of work, coaching, feedback and whether an interest will be taken in them or their work and progression in the firm. This results in lowered self-esteem, potential is not realised and lower productivity and sometimes departure results.
Navigating the Compensation Maze
By Nick Jarrett-Kerr, September 23, 2020
The last twenty years or so have seen considerable debate about the most suitable method of compensating and rewarding professional service firm partners and members.