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How to Tailor a Partner Scorecard To Your Individual Firm's Goals
Last month, we reviewed what a partner scorecard is and why keeping score is important. This month we review how to tailor a scorecard to your individual firm's goals.
How to Determine Firm Goals
Depending upon the size of your firm, you can determine what goals to set for the firm in a number of different ways. I suggest the following:
- Survey the partners on what they think are some of the areas in the firm that need improvement.
- Solicit feedback from other employees of the firm.
- Review law firm literature to determine what it takes to run a successful law firm.
- Ask your accountant or auditors for suggestions on how the firm can improve as part of their annual engagement.
Surveying the partners can take place at a partners' retreat through a general questionnaire or part of a strategic planning process.
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