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Tag Archives: decision making
three (plus one) most important things
I was asked yesterday about strategic planning in law firms. “Quick! Based on your experience, what are the three most important things that law firms need to keep in mind about strategic planning.” I paused to consider my answer. “Come … Continue reading
Posted in law firms, leadership, planning, strategy, Uncategorized
Tagged business plans, change, change management, decision making, law firms, leadership, paradigms, partners, planning, strategy
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An overdue conversation
Many of the issues that jeopardize the collegiality and commitment of partners in a law firm — and even wreck the firm itself — have their roots in the failure of the partners ever to articulate and agree what they … Continue reading
Posted in law firms, leadership, partners
Tagged culture, decision making, expectations, governance, law firms, leadership, partners, responsibilities, retreats
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Which Brazilian law firms will miss the future?
Are Brazilian law firms overlooking strategic opportunities that could strengthen their competitive advantages against foreign firms? I believe that many of them are. In our firm’s discussions with our clients throughout the world, we have observed that interest in … Continue reading
Posted in clients, planning, strategy
Tagged 2015, 2020, Brazil, change, change management, China, clients, competition, culture, decision making, European Union, foreign firms, Indonesia, Japan, Latin America, law firms, planning, profound change, Russia, South Korea, strategy, Turkey, United States
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Survival skills: leading profound change
Does your law firm resist change simply because you don’t know how to manage it? This is the eighth of a series of nine posts about business skills that will be essential for the continued success of most law firms … Continue reading
Posted in leadership, partners, strategy
Tagged 2013, achievement, change, change management, competition, courage, culture, decision making, developing others, emotional intelligence, empathy, initiative, inspirational leadership, leadership, optimism, organizational awareness, partners, planning, self-assessment, self-awareness, self-control, service orientation, skills, transparency
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Survival skills: competing for legal talent
Is your firm losing the competition to recruit and retain the best legal talent in your market? This is the sixth of a series of posts about eight business skills that will be essential for the continued success of most … Continue reading
Posted in law firms, partners
Tagged 2013, compensation, competition, decision making, emerging economies, Europe, foreign firms, large law firms, Latin America, law firms, opportunity, partners, recruiting, retention, risk, skills, small law firms, survival, United Kingdom
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Survival skills: managing growth
This is the third of a series of posts about eight business skills that will be essential for the continued success of most law firms in 2013 and beyond. Designing and managing alternative fee agreements to remain competitive and profitable Strengthening … Continue reading
Posted in finance, law firms, leadership, partners, planning, strategy
Tagged 2013, change, clients, decision making, foreign firms, governance, growth, investment, law firms, leadership, marketing, partners, planning, strategy
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8 survival skills for 2013… and beyond
This is the first of a series of nine posts that highlight management skills that law firms will need to ensure sustained financial performance through the rest of this decade. We call them survival skills for 2013 because firms that do not … Continue reading
Posted in associates, finance, law firms, leadership, marketing, partners, planning, profitability, strategy
Tagged 2013, associates, business plans, change, change management, clients, competition, decision making, fees, finance, foreign firms, investment, large law firms, law firms, mid-size law firms, partners, planning, productivity, profitability, profits, quality, risk, small law firms, strategy, succession
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Advanced strategy for Brazilian law firms
This post discusses the need for national Brazilian law firms to advance their strategic thinking and methodology to meet the new competitive realities of the markets — both national and international — in which they compete. Although expressed in the … Continue reading
Posted in law firms, marketing, partners, planning, strategy
Tagged Brazil, change, China, clients, competition, decision making, European Union, foreign firms, investment, law firms, leadership, marketing, partners, planning, profitability, Russia, South Korea, strategy, Turkey
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After the Gold Rush III: “Where’s the gold?”
This is the final part of three posts on the frequently overlooked short-term results of law firm mergers. financial performance in practice groups As Walker Clark LLC has observed law firm mergers, especially those involving small and midsize firms, we … Continue reading
Posted in mergers, partners, planning, practice groups, profitability, Uncategorized
Tagged change management, culture, decision making, due diligence, law firms, mergers, planning, profitability, quality
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Why Strategic Planning Fails: Law firms are different.
This is the third in a series of thoughts about why traditional strategic planning methods often produce disappointing results for law firms. One of the biggest mistakes that law firm strategists can make is to assume that off-the-business-school-shelf strategic planning … Continue reading
Posted in leadership, partners, planning, strategy
Tagged clients, decision making, law firms, partners, strategy
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