Personal goal-setting has become a popular and effective management tool that has been implemented by partners and associates in many of the more financially and professionally successful law firms.

Properly conceived and implemented, the personal goal-setting process allows attorneys — individually and in concert — to tailor their personal and professional activities to enhance their performance and to progress the firm in the future. The planning process will foster communications between attorneys and lawyer management and create a sense of “ownership” and common direction. Further, properly implemented, the individual planning process will build emotional and financial equity between the attorneys and the firm, as opposed to only financial equity.