Managing Law Firms in Transition

Managing Law Firms in Transition

Tag Archives: failing law firms

Five Keys to an Effective Law Firm Divorce-Being Smart When the Thrill is Gone

Posted in Law Firm Leadership, Law Firm Liquidation, Law Firm Transition
“A discord of personalities” sometimes describes the genesis for marital divorce.  It also can be an apt way to explain law firm break-ups when partners decide to go their separate ways.  Although law firm break-ups happen regularly, the low level of publicity surrounding most can be due to partners acting rationally even though they can’t… Continue Reading

Is Your Law Firm Slipping Into Trouble

Posted in Law Firm Crisis, Law Firm Repositioning/Turnaround/Restructuring, Law Firm Transition, Law Firm Warning Signs
One ought never to turn one’s back on a threatened danger and try to run away from it. If you do that, you will double the danger. But if you meet it promptly and without flinching, you will reduce the danger by half. Never run away from anything. Never! Winston Churchill   The first key… Continue Reading

Like Divorce, Law Firm Crisis is More Likely as the New Year Starts-Reprised

Posted in Law Firm Crisis, Law Firm Repositioning/Turnaround/Restructuring, Law Firm Transition
(This post previously appeared on January 15, 2015 and noted some of the similarities between marital divorce and one of the more extreme forms of law firm transition-breakup.  As we reach the end of 2015, for some firms the joy of another year completed may be supplanted by the tension and stress that often accompanies a… Continue Reading

Merger As A Solution for the Underperforming Law Firm

Posted in Law Firm Crisis, Law Firm Leadership, Law Firm Merger, Law Firm Repositioning/Turnaround/Restructuring
  As we approach the close of another year, a number of law firms are finding themselves underperforming relative to peer firms. For some, it is deja vu…for the second, third or fourth consecutive year. You don’t need anyone to tell you that this is not a great way to venture into a new year.… Continue Reading
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