Do good lawyers make good managers? Despite the trend for law firms increasingly being run more like corporates than partnerships, a quick glance across the leading firms’ management teams confirms that it is more often than not dealmaking stars who are selected for the top posts. Freshfields’ election of former corporate head Edward Braham to senior partner this week is a good example, and some of the contenders emerging to succeed Linklaters’ management team seem to be following a similar path.
Twenty – even 10 – years ago law firm management was a very different proposition: management was in charge of far fewer people, spread across fewer international offices. Equally, the divide between the operational role of managing partner and the statesman-like senior partner position was more clear cut. In some respects continuing to practise in addition to managing was a more feasible proposal. But as law firms have morphed into large global businesses, management has moved into a different realm.
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