Law Firm Owner – Lawyer or Businessperson?
Question: I am the owner of a three attorney general practice firm in Chicago, Illinois. The other attorneys were recently hired associates right out of law school. We have two le...
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Question: I am the owner of a three attorney general practice firm in Chicago, Illinois. The other attorneys were recently hired associates right out of law school. We have two le...
"Billings, receivables, taxes, budgeting—those responsibilities don't go away simply because you're in trial. Firm leadership means thinking like both a lawyer and a business owner...
Question: I am a partner in a three partner firm in Fresno, California. We handle exclusively personal injury plaintiff work consisting of auto accidents, slip and fall cases, prem...
"Take initiative! Just as clients don't want you simply to issue spot, but to come with solutions, so too does firm leadership. The earlier you start proposing and owning solutions...
Question: Our firm is a 24 attorney firm in Memphis, Tennessee. We have 10 partners – five of which are in their early 60s. We represent small to mid-size business clients. Recent...
"Equally important is building relationships inside and outside the firm. If you hope to lead people one day, you need to know them, and they need to know you. Find out what motiva...
"There is no substitute for being an excellent lawyer and colleague. I frame lawyer and leader success around three concepts: being humble, hard-working and hungry. Our most succes...
Chicago intellectual property boutique Marshall Gerstein & Borun LLP announced Thursday it has named a new managing partner for the first time in 24 years, selecting a member o...
"Timely, thorough communication builds trust. People remember who they can count on when deadlines are tight. But responsiveness alone isn't enough. Be proactive. Anticipate needs,...
"Focus on doing excellent work, building strong relationships—internally and externally, and being generous with your time and knowledge. Leadership opportunities tend to follow pe...
"Don't be afraid. Take opportunities to learn new things. And make sure you have a strong team around you. If you want to maintain your practice while taking on management responsi...
"First, focus on producing consistently strong work. That's non-negotiable. Second, prioritize clear and timely communication. Clients regularly comment on responsiveness, and it's...
The evolution of marketing department roles helps explain how law firms are now operating with a level of sophistication that matches the broader business world.
Leadership changes at the top, notable exits, associate cuts, and continued controversy over the firm's deal with the Trump administration have compounded the identity shift to a t...
"Take ownership of your work and your reputation from day one. Be the lawyer you would want to hire: responsive, reliable, creative, and always prepared. Don't just master the fact...
"Be someone who clients and colleagues trust. Being responsive, anticipating issues and needs, and thinking creatively to improve both work product and firm practices is of great v...
"Take opportunities as they come up. It can be hard to balance billable work with non-billable leadership and firm-building activities, but those things matter and contribute to th...
"[I]t seemed like a good time to assess where were were as a firm, to access who was front-facing, who's applying for the leadership appointments, who's liaising with co-counsel an...
The firm says it has voted to dissolve its current verein structure as it creates a new global LLP, but will maintain its separate profit pools.
The strongest firm strategies are the ones built with the people who'll translate them into action....By: JD Supra Perspectives
The applications by lawyers including W. Mark Lanier, Mikal Watts and Christopher Placitella come after a federal magistrate judge disqualified Beasley Allen, whose principal, Leig...
What goes on behind the scenes before and after a law firm merger announcement? As the pace of mergers picks up, this Law360 Expert Analysis series explores strategies for effectiv...
"A more concentrated equity structure gives firms more room to compensate star partners or attract major rainmakers, sometimes at the $20-plus million range," said one legal recrui...
"Talk less and listen more—like me, you know less than you think. You learn far more by asking questions and genuinely hearing the answers."
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