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Effective Practice Group Leadership

Effective Practice Group Leadership

  • 作者:
  • 出版商: Ark Group
  • ISBN: 9781783583027
  • 出版时间 September 2017
  • 规格: Paperback
  • 适应领域: U.K. ? 免责申明:
    Countri(es) stated herein are used as reference only
New Edition is available now !
  • 描述 
  • 大纲 
  • 详细

    Law firm practice group leadership is not for the faint hearted.

    As firms compete increasingly at practice group level, leaders are being asked to run their groups like business units; to develop and implement a strategic plan that supports the goals and competitiveness of the firm; and to coordinate and lead their partners to enhance the efficiency, performance, and profitability of their groups. Many firm leaders complain that some of their group heads are not producing the results they want to see. But how many practice group leaders receive the tools and support they need to succeed in this critical role? How many are selected for demonstrable leadership skills? And how often are they held accountable for how well – or otherwise – they perform in the role?

    With contributions from a wide range of experts, Effective Practice Group Leadership explores these key questions and more. The book examines the demanding role of the practice group leader (PGL) in law firms today, the challenges of the role – from gaining buy-in for group initiatives to approaches to measuring and managing performance of the leader and the group – and demonstrates the enormous contribution PGLs can make to the profitability and performance of their law firms, when armed with the tools and the authority.

  • The role of practice group leaders in their law firms
    Duties and responsibilities
    Planning
    Productivity
    Economic performance
    New client/new matter intake and file assignment procedures#
    Associate mentoring, compensation adjustments, and growth
    Partner compensation recommendations
    Marketing
    Succession planning
    Lateral candidate opportunities
    Concluding comment

    The practice group leader as a change agent 
    What does it mean to be a change agent in your role as a PGL?  
    What else does a PGL need to be a change agent?  
    How does a PGL succeed as a change agent?  
    Benefits of being a change agent

    The plight of the practice group leader, Part 1: Implementing practice initiatives 
    Practice initiatives a leader can pursue
    Learning the magic – How to get lawyers to follow through on collaboration and productivity commitments

    The plight of the practice group leader, part 2: The costs and benefits of investing in practice group leaders
    The cost side
    Why do it?
    Can the leader pay his keep?
    The problem of getting work
    The need to empower the leader
    How to do it?
    Appendix: The law firm economic model (hourly billing)

    Developing a practice group pricing strategy 
    Why pricing strategies cannot be developed at a firm level
    Essential elements of a practice group pricing strategy 

    Focusing your practice team on industry clients
    It is not what you call the industry, it is what the client calls itself that is most important
    As all industries eventually mature they naturally fracture into multiple sub-industries
    There are some areas of opportunity that initially defy simple industry categorization
    Industry sector expertise is a key differentiator

    How to survive and succeed leading a multi-generational practice group
    Challenges
    Solutions
    Change management

    Leading collaboration across practice groups

    Implementing the balanced scorecard at the practice group level
    The balanced scorecard – An overview of Kaplan and Norton’s system
    The balanced scorecard in its most basic form
    The balanced scorecard as a management tool
    Implementing the balanced scorecard at the practice group level – A “how to” primer

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