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Few roles within law firms have increased in importance during the past two decades more than those in the C-suite. Chief financial officers, chief operating officers, chief marketing officers and other non-lawyer senior executives – once rare within the legal sector – have become central in day-to-day operations and long-term strategy development. These positions, if they even existed previously, have morphed from support functions to key leadership posts – at least at the best-led firms.

Overview of the Report

Slide1ALM’s recently released report, The New Law Firm C-Suite (Get the Report Here), highlights the evolving importance of these roles. Yet it also reveals that many C-suite professionals feel frustrated and believe their talents are not being fully used. In many firms, the C-suite is given wide autonomy and celebrated as a key contributor to the executive committee. In others, the positions suffer from attorney condescension that lingers from the years when non-lawyers, even at the highest level, were seen as support staff.

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Nicholas Bruch, Director, ALM Intelligence

Nicholas is a Director at ALM Legal Intelligence. He is ALM’s principle analyst for the legal market and is the Director of the ALM Intelligence Fellows Program. Nick’s research on the legal market is regularly featured in The American Lawyer and other industry leading media outlets. Nick also speaks extensively on the legal market, keynoting major industry events and speaking at partner retreats for large and mid-sized law firms. Prior to joining ALM Legal Intelligence, Nick was part of Huron Consulting’s Law Firm Strategy Practice in the firm’s New York and London offices. Nicholas’s experience includes advising law firms and law department in developing and developed markets on issues related to strategy, business development, market intelligence, and operations. Nick holds a Masters of International Business from the Fletcher School at Tufts University and a BA in Economics and Philosophy from DePaul University.

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