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The role of the managing partner in strategic growth
Modern Lawyer
Vol. 8 - Iss. 2 pp. 24–30
Jul 2024
In today's dynamic legal landscape, managing and developing growth is a critical imperative for law firms. The industry faces increasing pressure to expand strategically while adapting to new challenges and opportunities. Steve Nelson, executive consultant at The McCormick Group, asserts that "scale has never been so crucial to a law firm's success". In his insightful article, Steve explores how managing partners should collaborate with their leadership teams to develop clear and well-defined growth strategies. This involves not only expanding the team's footprint but also integrating it within the wider firm's culture, to ensure a consistent vision.