Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.
“Our people are our most important asset.” Outside of perhaps patent trolls, it’s hard to find a business anywhere that doesn’t make this claim. It’s no doubt true at some level for most businesses. However, for law firms (as well as in-house legal departments), our people are really, in many ways, our sole asset. Too often, we lose sight of this fact or simply give it lip service. For law firms to truly make the changes necessary to better serve their clients over the long term, we must refocus the professional development of our people toward the creation of leaders with diverse skill sets, rather than as fungible FTEs to be levered.