On the LawVision blog from Hildebrandt Baker Robbins, Mark Sirkin and Lisa Rohrer tackle the mindset behind the need for change in law firms. Their post titled “Urgency for change?” discusses why it’s important for firm leaders to recognize what should or should not change about the way they are doing business, to come up with the right approach for addressing the stresses on their operations.
It starts with management. They write about John Kotter, from Harvard Business School, who believes managers need to create a sense of urgency first, before they develop a vision and strategy for change. So, according to Sirkin and Rohrer:
Given that law firm declines in profits per partner are merely tepid, rather than dramatic, creating this sense of urgency may be the biggest challenge to law firm leaders – and the longer they wait, the harder this becomes. (In fact, in a recent conference we attended, when presented with data on industry profitability in 2009, one law firm manager remarked, “You see? I think this proves how resilient our business model is.”)
Mark Sirkin is a consultant for Hildebrandt Baker Robbins in the Leadership Organization & Development Practice Group. Lisa Rohrer is the company’s director of research.
Again, you can read this full post on the LawVision blog.
Posted by Kevin Hunt in:
In Business | Law firm business |
