Law firm leaders must prioritise several key areas when dealing with the years ahead, argue Rob Lees and Dr Henry Marsden Leading Your Way Out of the Crisis: Why Investing In Partners as Leaders Hands Firms a Competitive Advantage
Leaders of professional services firms have managed the unprecedented COVID-19 crisis well, but the time for "managing" is over as we move to the next phase of the pandemic, argue two consultants.
November 26, 2020 at 06:52 AM
5 minute read
The leaders of global professional services firms are currently facing challenges that are taxing their capabilities to the full. From the likely repercussions associated with the decisions around law firm ownership and working practices in various U.S. states, through worries about the impact of the expected economic downturn on fee income and profitability, keeping the right partners and helping others out of the firm, all aspects of associate development given the impact of home working on their interactions (or lack of) with the firm's partners and clients. With the imminent arrival of a vaccine, there is also the question of the when and how to return to office-based working. And that's just the start.
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