As noted at the outset of this year, Sterling Strategies has partnered with the Managing Partner Forum and TheRemsenGroup for a series of monthly mini-surveys of managing partners on topics of strategic importance to law firms and their leaders. It…
Having great attorneys – well-trained, highly capable, hard-working and client focused – has long been a critical success factor for law firms. Strategically, it has become basic table stakes for competing effectively in the legal industry, particularly among more sophisticated…
We have seen a spike of interest in the Balanced Scorecard since our December 2012 strategy question of the month focused on what kinds of measures law firms are using. As regular readers will recall, the only measures firms are…
Throughout the course of 2012, Sterling Strategies conducted monthly mini-surveys, each focused on a single strategy topic. The intent was to develop some empirical data on what works and what does not work relative to a variety of strategic management…
Our strategy topic for the November 2012 focused on where the future leaders of law firms will be coming from. There is a simple industry wide issue relative to generational demographics. A very large cohort of baby boomer partners…
The demographics of the legal industry are clear – a very large cohort of baby boomer partners will be retiring over the next 20 years. In fact, by 2020 (eight years from now) half of the boomer cohort will be…