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By Stephen Mabey
The reasons why firms must move from the traditional governance model has been dealt with in depth by numerous people.
By Stephen Mabey
There has been a recent flurry of articles aimed at and about "millennial" lawyers -- but not many of these articles are written by millennials themselves.
By Stephen Mabey
Law firms say they are innovating in how they charge clients, but the rubber has yet to hit the road. There is good news for law firm websites. There is a new series of non-differentiating phrases...
By Stephen Mabey
Our understanding of the science of the brain in general and the differences in the attributes of male and female brains specifically continues to grow and evolve.
By Stephen Mabey
Making New Year resolutions is one thing. Remaining resolute and seeing them through is quite another. – Alex Morritt, Impromptu Scribe
By Stephen Mabey
In a 2001 edition of Edge International Michael J. Anderson published an article titled Partner Compensation Systems in Professional Service Firms.
By Stephen Mabey
A simple definition of management is "the process of dealing with or controlling things or people". Over time a number of types of management have been identified.
By Stephen Mabey
For some mid-size firms it is already too late but for those prepared to "swim out and meet this challenge" there exists real opportunity.
By Stephen Mabey
In August 2012 my column in Canadian Lawyer raised the issue of compensation systems being under siege. The column identified the following as some of the reasons why they were under siege at that time.
By Stephen Mabey
Good budgeting helps "less be more" when it comes to monthly financial reporting.
By Stephen Mabey
You can't get to the future by leveraging your current competencies.
By Stephen Mabey
Many firms are focused on internal issues at this time in an attempt to get their "house" in order for a myriad of reasons including client service; partner unrest; solidifying a base to move forward from; getting their financial affairs in order to be more attractive to potential merger partners; addressing legacy issues; compensation issues; etc.
By Stephen Mabey
Now before tackling the topic I want to make sure there is no misunderstanding of the diversity of which I speak. I think it is very laudable of the more than twenty law firms that have joined together to form Canada's Law Firm Diversity and Inclusion Network.
By Stephen Mabey
Since 2009 law firms have increasingly reminded me of the famous non-singing duo Milli Vanilli. Why you might ask? Well since that time, law firms have paid increasing attention to the degree and permanency of the changes taking place in their profession. This attention has never been more clearly demonstrated than in the Altman Weil 2014 Law Firms in Transition© report (worth downloading and studying).
By Stephen Mabey
Now, I know I am speaking to a certain demographic when I recall the heady days when law firm expenses were equal to only 50 cents of every dollar of revenue.