Managing Partners' Frustration Mounts as Law Firm Innovation Stagnates
A new survey shows that law firm leaders are increasingly fed up with their partners' resistance to change. Meanwhile, half of firm leaders said there's nothing especially different about their firms compared to their competitors.
May 21, 2018 at 03:21 PM
5 minute read
The original version of this story was published on The American Lawyer
Photo Credit: Pathdoc/Shutterstock.com
Give your managing partner a hug. Odds are he or she is increasingly frustrated.
Because of you, stubborn partner.
That's one takeaway from the 10th annual Law Firms in Transition Survey released Monday by legal consultancy Altman Weil Inc. The survey of 801 leaders of firms with 50 or more lawyers showed that a record 33 percent expressed “low” confidence in their firm's ability to keep pace with challenges in the legal market.
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