Partner Bonuses: Benefits and Pitfalls
Bonuses are a powerful tool for attracting and retaining top partner talent, but they must align with firm priorities
Emerging Data, Technology & Financial Requirements for Today’s Law Firm Leaders
As the legal industry becomes increasingly dynamic and competitive, law firm leaders face unprecedented challenges—and opportunities.
Establishing a High Functioning Governing Board
Given the crucial role the law firm governing board plays in shaping a firm’s future, the time has never been better for firms to test whether their board is functioning at an appropriately high level.
Managing Into Headwinds
As we head into the second half of the year, economic headwinds appear to be getting stronger. Demand through Q2, particularly for corporate work, is down, albeit only modestly. Citibank’s mid-year report indicates a 0.6% average decline in demand. Expenses are on the rise, due to higher attorney headcounts and the gradual shift towards a return to office. We have written before about managing through headwinds, along with the lessons learned from previous downturns, and it is time to revisit that topic.
Insights from Womble Bond Dickinson’s Chair and CEO on Transatlantic Growth
This month we interview Betty Temple, the Chair and CEO of Womble Bond Dickinson US, a roughly 1,000 lawyer firm formed through a 2017 combination of US-based Womble Carlyle and UK-based Bond Dickinson. In this interview, Betty discusses the strategic drivers behind transatlantic growth, lessons learned, and key takeaways for firms considering international growth opportunities.
