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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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The Changing of the Guard: Selecting Your Next Law Firm Leader

ISBN13: 9781783581856
Published: May 2015
Publisher: Ark Group
Country of Publication: UK
Format: Paperback (140 pages)
Price: £395.00

In stock.

Every firm eventually finds itself in need of a new leader, which means the executive committee or board must seek to replace the incumbent.

Concerns over leadership succession and loss of expertise are among the biggest fears cited by current law firm leaders. But surveys show that many firms are doing little more than talk about the problem. Even where firms do have a succession plan in place, this is often found to be based on assumptions with strategic gaps and no realistic contingency plans. The result is that when law firm leaders leave abruptly, firms are thrown into chaos.

The Changing of the Guard is a highly practical step-by-step guide to the various phases that law firms need to work through in a firm leadership selection process, from choosing a nominating committee and setting a timeline, through to analysing candidates' strengths, and transition processes.

Patrick McKenna is an expert on law firm management and strategy issues and is internationally recognised and acclaimed for his work. This report contains a complete framework for law firms to use when developing an effective and coherent process for succession planning.

Read valuable insight from newly appointed law firm leaders on the succession process within their firm, which highlights the challenges these leaders faced and includes advice for firms about to embark on a similar process. Gain contextual knowledge from research and surveys conducted by Patrick McKenna with law firms over the past couple of years.

Legal Practice Management
Introduction: The leadership succession process

Part One: Making ready
Chapter 1: Choosing a nominating committee
Chapter 2: Developing your timeline
Chapter 3: Identifying the challenges your next leader will face
Chapter 4: Develop/refine the job description
Chapter 5: Identify your selection criteria
Chapter 6: Identifying specific performance requirements
Chapter 7: Develop a formal written application form and process

Part Three: Calling for nominations
Chapter 8: Invite your partners to nominate candidates
Chapter 9: Host candidate town hall meet and greets
Chapter 10: Invite confidential input
Chapter 11: Design and structure a formal interview process for candidates
Chapter 12: Analyzing a candidate’s strengths

Part Four: Making the decision
Chapter 13: Reporting on results of interviews and confidential commentary
Chapter 14: After selecting your new firm leader

Part Five: Managing the role of the outgoing leader
Chapter 15: Creating a transition/integration plan

Part Six: Talking with Firm Leaders