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It's No Coincidence: The Successful Firms Have Strong Management and Leadership

By Robert W. Denney
December 28, 2007

In a corporation, the person who has the most impact 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

For many years, law firms were managed autocratically by the founder. He (it was almost always a man) provided the leadership and ran the firm the way he wanted to. The other partners were rarely involved in decisions. This form of management and leadership generally worked well.

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