The Role of the Law Firm Partner in a Changing Legal Market

2012 | Law

As the legal market becomes increasingly competitive and pressurised, so too are the pressures on partners increasing. Not only are today's partners now responsible for leading, winning new business, building a brand and managing people, they are also compared and measured according to demanding financial performance criteria. Managing Partner's report - The Role of the Law Firm Partner - features insightful case studies, analysis and guidance on the most pertinent issues facing partners in the current legal market. It provides vital insight into the critical success factors of this demanding role and how it can be developed to maximise value for both partners and their firms.

Topics discussed include: The role of the partner in a global context - Duties, traits and KPIs; The advantages of existing and alternative partnership structures; Partner selection and lateral hiring practices - and gaps; Performance management and evaluating success; Remuneration strategies and alternatives to the traditional lock-step; Strategic career paths - the options available and skills and attitudes required in each; Portfolio career mapping and transition planning; and Critical business skills, behaviours and emotional intelligence required at senior level. Along with expert commentary from leading consultants George Bull, Patrick McKenna, Richard Wyatt, JCA Occupational Psychologists and more - You will find thought-provoking case studies and insights from top firms such as Ashurst LLP, Lewis Silkin LLP, Fisher Field Waterhouse LLP, Taylor Vinters LLP and headline-grabbing new entrant The Co-operative Legal Services Ltd.

PLUS - this practical handbook comes with a complimentary CD-ROM packed with useful appendices for partners and firms, including: Promotion criteria for partners The Partner Core RoleA(c) Role ProfileA(c) Summary of self-review Performance management for partners - Track Surveys Ltd A key competency Feedback ScorecardA(c) - Francis Wilks & Jones LLP Staying competitive in a time of transition

Burt Patricia Wheatley (Author)