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Category Archives: Succession

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Beyond Smart: Lawyering with Emotional Intelligence

Posted in Announcements, Books, Business Development, Client Service, Coaching, Communication, Compensation, Conflict, Culture, Decision-Making, Diversity, Emotional Intelligence, Ethics, Innovation, Law Departments, Law Education, Leadership, Management, Mentoring, Pro Bono and Community Service, Productivity, Professional Development, Profitability, Recruitment, Retention, Risk Management, Succession, Teamwork, Uncategorized, Wellness, Work Satisfaction, Work/Life Balance
I am pleased to announce that Beyond Smart: Lawyering with Emotional Intelligence is today (along with the eclipse) available here on the ABA Shop website. This is the first comprehensive guide to understanding and raising emotional intelligence in the unique context of law practice. It covers a myriad of topics, including: What emotional intelligence means, its research… Continue Reading

Happiest of Holidays!

Posted in Announcements, Books, Business Development, Client Service, Coaching, Communication, Compensation, Conflict, Culture, Decision-Making, Diversity, Emotional Intelligence, Ethics, Innovation, Law Departments, Law Education, Leadership, Management, Mentoring, Pro Bono and Community Service, Productivity, Professional Development, Profitability, Recruitment, Retention, Risk Management, Succession, Teamwork, Wellness, Work Satisfaction, Work/Life Balance
From Law People Management to you and yours, we wish you peace, prosperity and good health during the holidays and throughout the New Year. To that end, we are pleased to announce the publication by the American Bar Association of our book The Emotional Intelligence Edge for 21st Century Lawyers currently scheduled for summer of… Continue Reading

Competitors of the Future Arriving Now

Posted in Business Development, Compensation, Management, Profitability, Recruitment, Retention, Risk Management, Succession, Uncategorized
Maybe it’s just us, but the announcement of the departure from Fried Frank of a former managing partner and some of her department carries with it intimations of several current trends in the law business: the British are coming, the accounting firms are coming, and you’d better take a second look at both your profitability and your… Continue Reading

Shall We Raise the Profits of Partners?

Posted in Books, Business Development, Client Service, Compensation, Conflict, Culture, Leadership, Management, Productivity, Profitability, Recruitment, Retention, Risk Management, Succession, Uncategorized, Work Satisfaction
The Altman-Weil 5th annual survey of law firm leaders has been recently published to much commentary. Some of the more striking results of the survey relate to leaders’ assessment of the market challenges (primarily reflecting the viewpoints of 250+lawyer law firms) and their firms’ ability to meet them.  Over the next 24 months, most managers cited the… Continue Reading

Law School–the Bomb

Posted in Compensation, Law Education, Management, Profitability, Recruitment, Retention, Risk Management, Succession, Work Satisfaction
There aren’t many developments in the legal industry that literally bowl you over–okay, the demise of Dewey & LeBoeuf was a fast-paced shocker. Hearing over the last few months questions about the future viability of one or another well-respected law school has been another.  Let’s review the bidding in that part of the legal field:  Unprepared to Practice.  There… Continue Reading

Notes from the Futures Conference: Part 2

Posted in Books, Client Service, Culture, Innovation, Leadership, Management, Professional Development, Recruitment, Retention, Risk Management, Succession
The following is a second installment about some of the highlights from this year’s Futures Conference of the College of Law Practice Management held at Georgetown Law School the end of October: Hiring and Training Successful Lawyers Georgetown Law School reported on two research projects they are undertaking–“Integration and Fragmentation in the Modern Law Firm” and “Developing Attorneys… Continue Reading

The Politics of Place: Where’s Your Office?

Posted in Business Development, Client Service, Communication, Conflict, Culture, Decision-Making, Law Departments, Leadership, Management, Mentoring, Productivity, Profitability, Retention, Risk Management, Succession, Teamwork, Work Satisfaction
While it’s unlikely that anyone would attribute all of Research in Motion’s troubles to corporate geography, it’s worth noting that RIM’s two chief executives, both now gone, were located over the last few critical years in offices about a 10-minute drive apart. And, according to former RIM executives, meetings with both of them present were rare. In the… Continue Reading

Women Leaders and What Sabotages Them

Posted in Coaching, Conflict, Culture, Diversity, Emotional Intelligence, Leadership, Management, Mentoring, Professional Development, Recruitment, Retention, Succession
Are women really worth a damn as leaders? Or is the diversification effort–from those cozy women’s initiatives to the hard-headed firm strategies to avoid sexual harassment suits–simply political correctness writ large? There’s been a lot said from both sides of the aisle recently. And from some surprising corners. The Hay Group recently announced that, from a  series of in-depth interviews… Continue Reading

Muir to Speak at Women Lawyers Alliance Annual Meeting

Posted in Announcements, Business Development, Client Service, Compensation, Culture, Diversity, Law Departments, Leadership, Management, Productivity, Professional Development, Profitability, Recruitment, Retention, Risk Management, Succession
Muir will speak on Law Practice in the 21st Century:  What It Means for You at the Women Lawyers Alliance annual meeting in Chicago on Friday, May 20.  Muir will review the massive changes that law practice is undergoing globally in this new century and what it means to individual lawyers and their law departments and firms in… Continue Reading

The Value Advisory

Posted in Assessments, Business Development, Client Service, Culture, Leadership, Management, Productivity, Professional Development, Profitability, Recruitment, Retention, Risk Management, Succession, Teamwork
The Value Advisory issued a press release today announcing the formation of a veteran group of advisors to provide law firms with strategies and resources that align firm offerings and operations with their clients’ objectives.  At a time of increasing client demands for value at a reduced cost, The Value Advisory works with firms to assess their clients’… Continue Reading

Muir to Present Audio Conference on Partner Compensation

Posted in Announcements, Compensation, Leadership, Management, Succession
Muir and Norman Clark of Walker Clark will be co-presenting a Center for Competitive Management audio presentation on Thursday, January 27, 2011 at 2pm EST entitled "Partner Compensation–Defining the New Normal."  The presentation will cover: Key trends in partner compensation for 2011 Common and uncommon compensation plan options Who should evaluate performance and pay? Ways… Continue Reading

Muir to Discuss Origination and Other Partnership Compensation Issues

Posted in Announcements, Business Development, Client Service, Compensation, Culture, Leadership, Management, Profitability, Risk Management, Succession, Teamwork
Muir will co-present with Peter Zeughauser an audio conference hosted by Center for Competitive Management (CCM) on Thursday September 30, 2010 from 2:00 pm to 3:15 EST.  "Origination Credit and Partner Compensation for the New Legal Landscape" will include discussions of what origination is and how to measure it, what role origination plays in changing compensation systems, the impact of the… Continue Reading

Georgetown Law School Center for the Study of the Legal Profession’s Conference — “Law Firm Evolution: Brave New World or Business as Usual?”

Posted in Assessments, Business Development, Client Service, Coaching, Communication, Compensation, Culture, Decision-Making, Diversity, Law Departments, Law Education, Leadership, Management, Productivity, Profitability, Recruitment, Retention, Risk Management, Succession, Teamwork, Work Satisfaction, Work/Life Balance
It was my great pleasure–something I don’t often say about a conference– to attend this invitation-only gathering last week, March 21-23, of both august and up-and-coming law industry professionals as they prognosticated the future of our practice and what that might in fact look like up close for a broad array of providers and clients.  While I will digest and relay over the… Continue Reading

Can Introverts Lead?

Posted in Assessments, Books, Coaching, Communication, Culture, Emotional Intelligence, Management, Mentoring, Productivity, Professional Development, Profitability, Risk Management, Succession
Firms are placing their futures at risk if they cannot identify, develop and empower the next generation of leaders.  So it is no surprise that more law firms are investing in leadership development.  For example, according to PaLAW 2009’s 14th annual Managing Partners Survey, cited in the November 23, 2009 issue of The Legal Intelligencer, the number of… Continue Reading

The People Factor Critical to Reinvention

Posted in Client Service, Compensation, Decision-Making, Diversity, Leadership, Mentoring, Productivity, Professional Development, Profitability, Recruitment, Retention, Risk Management, Succession, Teamwork
One of the important implications of Muir’s article “What the New Law Firm Looks Like: The Reinvention of a Reluctant Industry” is that going forward firms will require the close involvement of sophisticated management professionals who are not necessarily or even preferably lawyers to help design and manage change.  These critical players will not only assist in initially envisioning the goals of… Continue Reading

Convergence and Profitability, or Bigger is Only Bigger

Posted in Client Service, Culture, Leadership, Management, Productivity, Profitability, Retention, Risk Management, Succession, Teamwork, Work Satisfaction
One of the more interesting developments in the law industry over the last couple of decades is the emergence of the mega-firm.  Or what might be called the strange case of the temporary triumph of the delusion of efficiency. "Convergence," the short-hand name of the corporate model for managing outside legal fees by reducing the… Continue Reading

Muir to Lead Audio Conference on Leadership for the Downturn

Posted in Leadership, Management, Mentoring, Productivity, Professional Development, Profitability, Retention, Risk Management, Succession
On Thursday, March 26, at 2:00 pm EST, Ronda Muir will lead an audio conference sponsored by the Center for Competitive Management entitled "Turning Lawyers Into Leaders: How to Survive the Economic Slide."  The discussion will cover who leaders are, what skills and attributes they should have in this economic climate and how to develop them.  For… Continue Reading

Muir Lectures on Improving Management Decision-Making

Posted in Announcements, Business Development, Compensation, Conflict, Culture, Decision-Making, Diversity, Emotional Intelligence, Leadership, Management, Mentoring, Profitability, Recruitment, Retention, Risk Management, Succession
On February 18, 2009 Muir will lecture students at Northwestern University’s Business Institutions Program on how to improve management decision-making. Based in part on the article "Promoting an Effective Board or Management Group," the discussion will explore, among other subjects, optimal personality traits for good decision-making, constructing effective teams and avoiding extreme decisions.… Continue Reading

High Performance Coaching for Low Performing Times

Posted in Business Development, Client Service, Communication, Compensation, Conflict, Culture, Decision-Making, Diversity, Emotional Intelligence, Ethics, Law Departments, Leadership, Management, Mentoring, Pro Bono and Community Service, Productivity, Professional Development, Profitability, Recruitment, Retention, Risk Management, Succession, Wellness, Work Satisfaction, Work/Life Balance
This is the time of year when many of us take stock of our direction and goals and make plans to step up our effectiveness.  This particular year, 2009, many lawyers are facing an extremely difficult once-in-a-century marketplace for which no one has been truly prepared.  So we may also find ourselves questioning our ability to successfully grapple with the challenges ahead.   How to acquire… Continue Reading

Coping With More Bad News

Posted in Business Development, Compensation, Culture, Leadership, Management, Profitability, Recruitment, Retention, Risk Management, Succession
Results from two surveys show growth at the country’s largest law firms to be down significantly in 2008 although employment is generally still on the rise. The National Law Journal’s 31st annual survey of the NLJ 250 reports that those firms added 4.3% more attorneys in 2008, consistent with increases in 2006 and 2005 but at a… Continue Reading

Narcissists Abound–And Need A Coach

Posted in Announcements, Coaching, Emotional Intelligence, Leadership, Professional Development, Retention, Risk Management, Succession
What do you know? Narcissists–big personalities with big egos who like to exert control and reject collaborative decision-making–are the ones leading many law firms through these perilous times.  "Narcissistic leaders are distinguished by their big ideas…and general indifference to the opinions of others,” according to Douglas Richardson of Altman Weil. “They resolutely reject the status quo, thus… Continue Reading

Coda: Happiness Hits the Bottom Line

Posted in Leadership, Management, Professional Development, Retention, Risk Management, Succession, Work Satisfaction, Work/Life Balance
In April, Shearman & Sterling’s entire Mannheim office packed up and reverted back to its original form, Schilling Zutt & Anschutz.  What prompted the schism? "There are some great lawyers at Shearman & Sterling," one former partner is reported to have said.  "I just don’t think they are particularly happy."… Continue Reading

Will You Ever Get Rid of Those Baby Boomers?

Posted in Compensation, Culture, Diversity, Leadership, Management, Succession
Baby-boomers are making their mark on the demographic frontier again–this time valiantly fending off the mandatory retirement that generations of law firm partners before them submitted to.  The Sidley Austin age-discrimination case, which arose when 32 partners lost their full partner status, ended last fall after two-and-a-half years and seven court decisions (all lost by Sidley Austin)… Continue Reading