Managing Volatility

Managing Volatility

Volatility has become more common in the legal industry and firms must be prepared to deal with the consequences. As we potentially head in to tougher economic times, leaders need to be thinking ahead and managing proactively.

Key Success Factors in Partner Compensation

Key Success Factors in Partner Compensation

While many firms have fine-tuned their partner compensation systems over time, compensation remains an evergreen topic within partnerships, and one does not have to look hard to find ways to further improve a system.

Insights from Baker McKenzie’s Chief Strategy Officer

Insights from Baker McKenzie’s Chief Strategy Officer

This month we are debuting our interview series. We will periodically interview leaders in the legal industry who bring fresh perspectives that are sure to be of interest to our readers. We kick off with Julia Hayhoe, the Chief Strategy Officer at Baker McKenzie.

Tomorrow’s Stars

Tomorrow’s Stars

The confluence of industry-wide change and demographic transition begs the question: Who will be the owners of law firms of the future? Not only will the composition of firm partnerships differ in terms of size and demographics, these law firms will be competing in an unprecedented environment requiring a different ownership skill set than the one which worked for firms 20-30 years prior.

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