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 […]
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Governance structures in law firms are often outdated and ill-suited for further growth.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 […]