Ten Strategies for Grooming Future Firm Leaders
/Firm struggle with succession.
Esp important for smaller and mid-size firms
Once great firms fall part. Founder and benevolent dictator
Quality lawyers is a given. Quality systems, training, planning, service.
It’s about talent. Sustainability.
IDENTIFY THEM
- Personality profile
- Big picture, good at delegation
- Look for those who go the extra Mile – mid-level associate level
- Team-oriented, Goal-oriented, Results-oriented. Mange up v mange down
- Leadership outside law school – organization involvement
- The IT factor
ROLE IN FIRM – Finder, minder, Grinders
Visionary, communicator, role model, mentor, cheerleader, disciplinarian
GROOM
RETAIN
Committee assignments
Department Heads – Co-chairs
Projects
Assoc Development Committee
Website, Newsletter, Intake Forms, Technology
Job Descriptions
Track and Reward Non-Billable Contributions
Give responsibility and authority
Older lawyers must step out of the way. Not second guess.
Succession