With valuable input from over 200 Law Firm Leaders, internationally recognized consultant Patrick J. McKenna of McKenna Associates Inc. and Michael B. Rynowecer, President of The BTI Consulting Group share the results of our innovative surveys. With up-to-date and useful information on topics ranging from your most important priorities to talent pressures and firm risks your peers are also confronting.
Law Firm LeadersSurvey
Authoritative, innovative, and practical advice from our research for Law Firm leaders:
Having Firm Leaders Take A STEP Forward
Juggling deadlines. Rushing to meetings. Running ever faster on the proverbial hamster wheel. Sounds familiar? The machinations of leading a law firm are such that we are all always in haste. That is how we operate. And this is how our firm’s function. But to what end?
Welcome to our Fourth Firm Leader’s Research Survey results.
Complimentary
Download Now
Dissecting The Processes of Law Firm Strategic Planning
We have been informed that 49% of law firm leaders indicate “strategic planning is more important than ever.” Another 20% say it is tremendously important.
Law firms have more money at risk than ever before. They have more attorneys in their firms to communicate with. And – they are looking at bigger markets along with a multitude of new ones. Meanwhile, the world is awash in geopolitical risk.
Strategic planning brings all this together by evaluating risk and opportunity – the plan itself defines what a law firm will and won’t do.
Complimentary
Download Now
The 2024 ‘Burning Issues’ Confronting Firm Leaders
Even the pessimists are upbeat. 26% of law firm leaders say 2024 is going to be an excellent year – firm growth and profits will take a healthy leap. Another 48% expect a good year – performance will improve and stay strong. The remainder – the pessimists, see a year of steady state – performance will match 2023. In short law firms’ leaders are more optimistic than not.
But this is just the opening act in terms of expectations and plans – we invite you to examine the detailed results of our newest survey.
Complimentary
Download Now
Examining The Inner Workings of Law Firm Leadership
We all know that the law firm leader’s job is unlike any other in the firm. One way of envisioning its multiple responsibilities is to map them by the constituencies one must address. Today’s leader must be an ambassador to the outside world as well as chief cheerleader, challenger of the status quo, and an implementer of their partners’ collective aspirations within the firm.
In March and April we distributed a survey containing over 35 questions to a group of some 250 law firm leaders, the majority from among AmLaw 100 and 200 ranked firms. Our objective was to identify and seek answers to some of the key issues related to the role of being a firm chair or managing partner.