Have we forgotten about clients in merger discussions?
October 5, 2011
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Business Development, Change, Growth, Innovation, Key Account Management, Merger, Strategy, Vision /
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Law firm mergers are fascinating things. They mix high drama and Greek tragedy as courting parties – initially with uncharacteristic coyness and latterly with a disregard to sensible decision making – waltz towards ultimate consummation. However, much of the discussion is tangential to the real issues at play. Understandably, negotiating teams are keen to present […]Read More
Resourcing Strategy
September 14, 2011
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Business Development, Change, Growth, Innovation, Key Account Management, Merger, Strategy, Vision /
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Published in Managing Partner magazine For most law firms, a successful strategy must blend the concept of opportunity-fit with that of resource-stretch. This is because, having identified new client or market opportunities, it is often not a simple task to re-engineer the firm to provide an alluring competitive fit. Firms are constrained by relative […]Read More
Hardwiring Values
March 30, 2011
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Business Development, Change, Culture, Growth, Leadership, Merger, Strategy, Values, Vision /
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Published in Managing Partner magazine In law firms of all sizes, managing partners are keen to position their firms as having a clear set of guiding principles by which they conduct business, engage with teams and serve clients. However, there is often an underlying misconception that a values-led approach is altruistic or, worse still, […]Read More
A New Approach for a New World
February 27, 2011
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Business Development, Change, Culture, Growth, Innovation, Leadership, Merger, Speaking & News, Strategy, Vision /
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Change Management for Law Firms LAW FIRMS continue to grapple with a number of shifts in their competitive environment as difficult market conditions show little sign of abatement. These issues create a maelstrom that will tax the skills of any leadership team to the limit. Here we consider some of the core drivers in […]Read More
Global Firms Should Worry More About Brand Experience Than Single Profit Pools
Published in Managing Partner magazine The rise in international mergers over the past two years has raised a number of interesting issues about the way in which law firms can best service clients on a global basis. One of the more introspective questions asked by some in the profession is whether these unions are […]Read More
Merging Cultures
Managing Partner Magazine The principle drivers behind law firm mergers are fundamentally economics and sustainable competitive position, but at the core of their long-term success is the ability to create a unified culture and shared sense of purpose. Even in the most unbalanced of law firm marriages, it is a foolhardy managing partner that […]Read More
“The Road is Long” Merger Masterclass
November 17, 2009
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Business Development, Change, Culture, Growth, Key Account Management, Leadership, Merger, Strategy, Values, Vision /
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Published in Managing Partner Magazine Many managing partners regard the delivery of a successful merger as their gold-standard achievement. In one act they see themselves able to demonstrate, for the entire world to see, that their firm is going places, has ambition, and is prepared to move decisively and determinedly to achieve its goals. […]Read More
Mind Over Matter
October 18, 2008
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Business Development, Change, Culture, Leadership, Merger, Strategy, Values /
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Published in Managing Partner magazine Ignore the importance of cultural fit at your peril when merging firms. Culture clash is one of the most common reasons mergers fail. Within professional services, where the importance of common values and behaviours in creating cohesive firms is indisputable, getting the cultural aspects of a merger wrong can […]Read More
Horses choosing courses – How refreshing!
July 18, 2007
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Business Development, Change, Growth, Innovation, Key Account Management, Leadership, Merger, Strategy, Values, Vision /
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Published in Legal Marketing Cover Feature Every horse can win a race, but selecting the right race to run in is key. Law firms should choose the arenas best matched to their capabilities for differentiation and competitive advantage. We frequently hear that sophisticated purchasers of legal services are, more and more, choosing ‘horses for […]Read More
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