Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Today's Law Firm Leadership Crisis: Where Is Your Next Generation of Leaders?
Do you know who your firm's next leader will be? Do you have a short list of viable partner candidates? If your answer to these questions is no, you are not alone.
In the course of our recent work at Hildebrandt International with law firms across geographic markets, we have observed a disturbing trend: A growing number of law firms today face an alarming void in their next generation of leaders. In management meetings across the country, partners in law firms are looking around at one another and frighteningly acknowledging that no one person is prepared to step forward and take up the leadership helm. Despite the fact that a number of these firms have provided the right opportunities for young practitioners to transform into respected and admired mid-level partners, they are now confronting the reality that these individuals are either unprepared or unwilling to lead the firm. The reasons for the void in firm leadership are numerous and varied, and most are tied to the large number of disincentives to partners considering the leadership path. And unfortunately for firms, the consequences of a leadership vacuum are severe: With no clear successor in sight, firms experience increased instability and often enter into a state of strategic drift, putting the firm's clients and its practice at risk.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.