Good Governance in Law Firms

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.

• Introduction 5Norman K ClarkWalker Clark LLCPart I: Building an effective structureStrategy drives governance 9Leopoldo Hernández RomanoRupprecht Graf von PfeilRocío Vázquez ZavalaKermaPartnersThe evolution of modern governance in law firms 17Norman K ClarkWalker Clark LLCGovernance as an organising framework for managing the practice and the business 31Tony WilliamsJomati Consultants LLPGovernance and structure: supporting the long-term success of a partnership 41Michael RochKermaPartnersThe role of professional management in law firms 57Iryna NikitinaIndependent consultantPart II: Challenges for law firm governanceEffective decision making in law firms 79Sarah MartinCoombs MartinGood governance and partner performance 97Lisa M Walker JohnsonWalker Clark LLCRiding the compensation tiger 121Norman K ClarkWalker Clark LLCPartner compensation and partnership structure 131Martín CarrizosaprietocarrizosaManagement information – what does the managing partner need to know? 137Aku SorainenSORAINENGoverning risk 147Norman K ClarkWalker Clark LLCSuccession, retirement and beyond 157Lisa M Walker JohnsonWalker Clark LLCPart III: Governance tomorrowGovernance for lawyers 173 in a new era – ‘alternative’ law firmsStephen RevellFreshfields Bruckhaus DeringerManaging change 203Lisa M Walker JohnsonWalker Clark LLCAbout the authors 231