Altman Weil and ALM Research have just released a report of their survey of Law Firm Practice Group Management, which surveyed law firm leaders across the U.S. about their practice group operations and management. Key findings include the fact that, despite the time and money invested in their practice groups, more that half of law firm managing partners and executive directors surveyed rated overall practice group performance as average or worse. When asked to rate their groups on the ability to market, develop new business and cross-sell other practices, fewer than 20 percent of firm leaders rated their groups as “excellent” or “very good” on any one of those measures.
The report includes data and information about practice group structure, performance, operations, leadership, administration, and marketing. It is the first formal benchmarking survey of law firm practice group management to be published in the U.S. In addition, the report leverages the extensive expertise of Altman Weil, to provide actionable recommendations for improving and increasing the overall effectiveness of Practice Groups. The report is available through ALM Research Publishing.
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