Rochelle Karr, director of professional development and alumni relations at O’Melveny & Myers, and Margaret Klein, a licensed clinical social worker and program director at AbilTo, offer tips on how law firms can maintain high levels of client-service while simultaneously providing flexibility to their lawyers, using technology, mentoring programs, reduced hour policies, and more.
“Right-size” Real Estate
Lawrence T. Gresser, managing partner of Cohen & Gresser, and Lawrence J. Lee, an associate at the firm, write that it is extraordinarily difficult to predict a firm’s likely growth over the term of a typical law firm lease, but the consequences of guessing wrong can be disastrous: Excess real estate contributed to the implosion of a number of major firms. On the other hand, having too little or the wrong kind of space can lead to lost productivity, poor morale, and significantly reduced profits.
