In a corporation, the person who has the most affect on the performance of the business is the chief executive officer. Although the practice of law is a profession, a law firm is a business. Therefore, the person who should have the most impact on the performance of the firm is the managing partner. Nothing is as important to the success of the firm as strong leadership at the top. Yet, in far too many firms, the partners are still reluctant to give anyone the CEO authority needed for effective management and leadership.

THE MANAGEMENT PENDULUM

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