The number of non-equity partners in law firms has expanded dramatically. In the US it has more than tripled in the largest firms over the past decade and increases of a similar nature are apparent in other jurisdictions.
As firms seek to gain competitive advantage in a persistently flat market, allocating scarce resources is an increasingly important component of strategic decision-making.
A team comprising only star players is not however sufficient to ensure success – the strengths and skills of the individuals need to be channelled and harnessed.
150 years ago The Origin of Species was published. Although Charles Darwin’s work…
As a result of the financial crisis firms have experienced four years of financial…
