Effective management and governance of a firm’s resources represent one of the most critical challenges encountered by law firms at repeated intersections in a firm’s development cycle.
“What are other firms doing?” It’s a question we hear frequently. Lawyers have a strong inclination to look to other firms for sources of legitimacy when it comes to the practice of management.
There are nearly as many governance structures as there are firms.
As firms seek to gain competitive advantage in a persistently flat market, allocating scarce…
As firms seek to gain competitive advantage in a persistently flat market, allocating scarce resources is an increasingly important component of strategic decision-making.