Tuesday, February 15, 2011

Date and Venue for Next MPF Announced

We're pleased to announce that The Managing Partner Forum for Midwestern Law Firms will be held on Thursday, May 5th at the Saint Louis Club in beautiful St. Louis, Missouri.

This will be the second time we will be presenting the MPF in St. Louis and our 17th law firm leadership conference overall since 2002. More than 700 law firm leaders from 525 firms have participated in previous MPF programs.

Click here to see the press release we sent earlier this morning.

Click here for complete details about the conference.

Tuesday, January 4, 2011

What's in a Name?

Law Firms Use a Wide (and Sometimes Quirky) Array of Titles for Their Leaders

Over the years, we have built quite a large database of law firm leaders. Today, it includes over 5,300 contacts from 47 US states and 27 foreign countries. We make it point to learn and include their titles whenever we can.

I was reviewing the list the other day and found no fewer than 18 titles for the position most often referred to as "managing partner." I've listed them below in order of popularity:
  • Managing Partner (#1, by far)

  • Managing Shareholder (a very distant #2)

  • Other Variations of "Managing" including Director, Principal or Member

  • Chief Executive Officer/CEO

  • Chairman (and variations thereof)

  • Chairman of the Executive Committee

  • Chairman of the Management Committee

  • Chairman and Chief Executive Officer

  • President

  • CEO and President

  • Partner-in-Charge

  • Principal Shareholder

  • Administrative Partner

  • Executive Vice President

  • Founding Partner

  • Owner

In addition, my friend and colleague Patrick McKenna has identified a few more, including Presiding Partner, Presiding Member and Executive Partner.

Some titles are pretty straight forward. Others are somewhat unconventional, even quirky. Personally, I like CEO.

But whatever title a law firm bestows upon its leader, I'm willing to bet that most partners in most law firms haven't a clue about the amount of time and effort required of this most important and demanding role.

Managing partners would be wise to educate them.