3 Things Managing Partners Can Do to Improve the Health and Profitability of Their Firms: 😎 Create and communicate a STRONG NARRATIVE (why the firm exists) and then ensure that each team member understands how their individual role contributes to both the firm's and their own success. 😎 Design and enforce a SYSTEM OF ACCOUNTABILITY that boosts morale, improves retention, and enhances profitability. 😎 Identify, address, and constructively MANAGE CONFLICT before it festers and potentially disintegrates the firm. #lawyers #lawfirms #law #management #leadership
that mission merits pausing. thoughtful guidance nurtures success.
Great points! How can a strong narrative truly enhance team morale in law firms?
The first job of a CEO - create clarity.
These are thoughtful and effective tips Wendy Merrill. Let’s add transparent succession planning to #2 !
Lawyer Helping Law Firm DEI Leaders Make Equity Happen | Gender Equity Strategist | Zealous Advocate for Equitable Workplaces | Avid Crocheter 🧶
3moGood advice. I'd add foster cross-practice collaboration.