Our next few posts will examine the role of law firm managing partner.
In April 2010, we asked 70 managing partners of mid-sized law firms to tell us what they believe to be their most important contributions in their roles as firm leaders. Here what they said:
1) Initiating change to ensure long-term success
2) Managing day-to-day administrative affairs
3) Building and maintaining consensus among shareholders
4) Maximizing partner income
"Managing day-to-day administrative affairs" at #2? As CEOs, managing partners should not get bogged down in the day-to-day administration. We believe that function is better left to a competent and trusted firm administrator.