Your Succession Plan Needs a Comms Strategy

April 12, 2021
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For more than a year, law firm leaders have been working under short-term, emergent conditions: providing all-hands-on-deck client service and forecasting how the industries they serve will be impacted by current economic conditions and constraints. In other words, they have been focused on survival, with no bandwidth left to think about the longer term.

In some ways, this intensive focus on shoring up client relationships has paid...

Stocking Your Cabinet

April 1, 2021
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Diversifying corporate boards and law firm management committees is essential to success in a fast-changing marketplace. But individual leaders and key executives often have their own personal groups of advisors to whom they turn for advice on key decisions. How can you make sure your sounding board isn’t just an echo chamber? The first international law requiring public companies to meet a minimum threshold for gender diversity on their board was passed in 2003. The Norwegian...

“Where Good Ideas Come From: The Seven Patterns of Innovation”

April 1, 2021
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By Steven Johnson How do good ideas happen, and what can we do to help people have more of them? Steven Johnson examines how the innovations that changed the world actually happened, and reveals the pattern of behavior that often underlies them in his book “Where Good Ideas Come From”:

  1. The Adjacent Possible: “Good ideas are not conjured out of thin air; they are built out of a collection of existing parts, the composition of which expands...

Your Lateral Integration Plan Needs a PR Component

March 29, 2021
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As the pandemic has changed how lawyers work — and from where — it has removed some of the traditional barriers to lateral hiring. Geography doesn’t have to be a dealbreaker, and the new hire may not even need to be in a city where the firm has a brick-and-mortar office.

But getting the lateral in the door is the first and easiest step. After that, things often go south. According to Michael Ellenhorn, the founder and CEO of...