Most law firm managers are familiar with the primary drivers of profitability – rates (i.e., the standard price per hour for professionals’ time); productivity (i.e., hours worked and recorded); realization (i.e., ability to collect on production at standard rates); leverage…
PRACTICE GROUP MANAGEMENT EFFECTIVENESS FEBRUARY 2012 STRATEGY QUESTION OF THE MONTH This month’s strategy question of the month focused on practice group management. Specifically, we looked at the question of whether there is a link between what we ask practice…
Our strategy question of the month for February focuses on practice group management. Specifically, we are asking law firm leaders to share their own experiences relative to what practice group leaders are expected to do at their respective firms. The…
STRATEGY QUESTION OF THE MONTH Our first ever strategy question of the month seeks to highlight what characteristics of partner satisfaction systems are most closely associated with overall satisfaction with the system. We asked three related questions: What are the…
Welcome to the first of our “question of the month” feature. This month we are exploring satisfaction with partner compensation systems to determine if particular system characteristics correlate with overall satisfaction. Survey questions are just below the signatures and tags…
Welcome to Sterling Strategies’ blog. Check back frequently for commentary on strategic management topics and publications. We will use this space to advance an empirical study of law firm strategy in particular. Every month we will pose a question relevant…