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Good Governance in Law Firms:

A Strategic Approach to Executive Decision Making and Management Structures  
Description | Contributors | View sample chapter | View table of contents
Good Governance in Law Firms: A Strategic Approach to Executive Decision Making and Management Structures
Consulting Editor: Norman K Clark on behalf of the International Bar Association
Publication date: April 2014
Format: Hardback
Length: 234 pages
Price: £95.00
ISBN: 9781909416208

Governance today is more than just writing a good partnership agreement. Our multidisciplinary team of contributors demonstrate how governance has become a unifying and integrating system for a wide range of critical strategic and business issues. The inquiry starts with an overview of modern governance structures in law firms, and how the concept of governance has expanded to include features such as professional managers and partner remuneration systems.

To be effective, a law firm's governance system must facilitate, not complicate, the solution of important internal challenges, such as change management, managing partner performance and succession planning. How can good governance help law firm owners to make better decisions? How can governance incorporate management information and concepts of risk management into the decision-making process?

The fourth in this popular series on the business of law, published in association with the International Bar Association, the book concludes with an examination of emerging trends that will shape law firm governance in the future. It provides visionary, but entirely realistic, insights into how law firm governance will need to continue to adapt to new regulatory regimes for the legal profession, stress testing concepts and new alternative business structures.

[Quotes]

If you as a practitioner are involved in any way in your firm’s business development - especially if your practice is going global - you’ll find this book a useful and valuable addition to your professional library.

Phillip Taylor MBE
Richmond Green Chambers