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* Transitions come with challenges, and associates aspiring to law firm ownership should navigate them by prioritizing client experience, firm culture, and financial sustainability. * Associates should critically evaluate their firm's actions versus stated culture and leadership goals. * Aspiring owners must understand firm dynamics for long-term success., Nov 01, 2024 I've experienced many significant professional transitions since graduating from law school; from one law firm to another in the 1980s (and personally from town to town), from [...]

* The post-COVID debate about in-office versus remote work continues to evolve. * Reviewing the key considerations for each will help firms to make better decisions. * Firms ignoring workplace changes will find themselves at a disadvantage., The debate over whether law firms should prioritize office-based work or allow associates and paralegals to work from home has intensified in the post-pandemic era. We have different thoughts and [...]

* One area of planning that was seldom used but has risen in prominence in recent years in planning is the expression of organizational values, sometimes stated as 'goals.' * Researching what law firms state as their values or goals is not that difficult. Many firms use stated values as part of firm website marketing., Over 20 years ago, I co-authored with Michael Hudkins (a CPA, and former COO of my firm) an ABA publication titled The Lawyer's Guide to Strategic Planning. This publication was [...]

* A learning mindset is essential to providing excellent client service. * You can create an environment in which associates (and your partners) are not hampered by fear of failure. * A firm in which learning is valued is a firm with high performance, well-being, and retention., Robert Fulghum's assertion and book by the same name All I Really Need to Know I Learned in Kindergarten may be true. But Fulghum's credo does not mean we stop [...]

A boss throws a tantrum to rival a 2-year-old. Co-workers snap after too many long days of work during busy season. Clients bite your head off when yon ask for [...]

Public accounting has long been perceived as a demanding and high-stress profession, leading to challenges in attracting and retaining top talent. However, the future holds immense potential for transforming this [...]

haysmacintyre, a top-20 London firm of chartered accountants, has been recognised as one of the UKs best places to work by The Sunday Times. The firm, which ranked 27th in [...]

A company's values, beliefs, and purpose constitute the culture employees experience every day. Collectively, those components shape the experiences staff have at work, which leads them to form their beliefs [...]

Two months into my tenure at SprintRay, Hossein Bassir, cofounder and head of product, said to me: 'Our engineers and product team are really innovating and enjoying work. But our [...]

MY TAKE Fostering a workplace culture that values mental health starts with a look inward. Oh, how different the workplace looks today compared with before COVID-19. The pandemic forced so [...]

Afew months into the pandemic, the talent development and culture team at CHRISTUS Health knew that to sustain the organization's culture, it needed to reinstate development opportunities for leaders and [...]

In 2007, when TD magazine featured McCormick & Company's then CEO Robert J. Lawless, Lawrence Kurzius was serving as president of the company's Europe, Middle East, and Africa region. Now [...]

Whatever opinions one has on recent workplace behavior trends, it has become evident that somewhere in the typical corporate structure, a disconnect has formed between employer and employee. Is it [...]

In positive psychology, "flourishing" is a multidimensional term that is used both with respect to an organization as well as individuals. Flourishing refers to living within an optimal range of [...]

In the past couple of years, the world of work has been rethinking just about everything. Approaches to leadership and management that we took for granted for decades are now [...]

Not too long ago, a leader asked me to provide feedback on one of their direct reports. I knew the individual's name, but I couldn't recall a face or even [...]

Part 3: Leadership Philosophy Your leadership philosophy determines your organizational management system, which sets the tone for your approach to teamwork. When this series began in the June 2021 issue, [...]

The practice of law can be as rewarding as it is challenging. Family law attorneys navigate unique circumstances very personal to their clients that often become emotionally charged. A healthy [...]

In Brief Despite claims to the contrary, the billable hour is still the most common billing method, and realization the most common profitability metric used by CPA firms. Even with [...]

Heraclitus, the Greek philosopher, said, "character is destiny." How you act now will be remembered for a long time and will shape your company into the future. Your team is [...]

Shuttered lines of business. Red ink. Throw in some daytime drinking and allegations of sexual harassment. Add them together, and it's a lot to overcome. That s exactly what Lloyd [...]

Millennials are the future of the accounting profession. Much has already been written about their generation's preferences and the implications for employers. To attract and retain employees, however, it is [...]

At the foundation of every successful business is a strong company culture. Just ask the president of Datamax Inc., Barry Simon--'Culture trumps everything. Any company is defined by its culture. [...]

The recognition of an institution's vulnerability to developing implicit organizational trauma is critical for fostering and sustaining an emotionally healthy work environment. EA professionals can play a critical role in promoting and encouraging trauma-sensitive approaches within an organization through consultation with management and executive leadership, engagement with labor representatives, coaching of work supervisors, and trainings for teams on the departmental level. Such approaches may help support an organization's sensitivity to recognizing and responding to implicit trauma by nurturing a work culture that is more emotionally safe and secure, relationally responsive and consistent, and psychologically efficacious and resilient., Research has revealed that organizations, like individuals, are susceptible to developing chronic stress and becoming affected by traumatic experiences at the institutional level (Bloom, 2010; Carr, 2001). Many EAPs are [...]

While I was in college, a mentor said to me "When your values and lifestyle are out of sync, you will be in conflict and won't find happiness. When you [...]

INTRODUCTION The process of organizational learning efficiently and sustainably (Garvin 1993, n.p.) in a dynamic and endogenously changing environment is an important key to success (Kirwan 2013). Cultural misalignments within [...]

1 Start with an inner journey. While leaders must work to make systemic change, they can start creating cultures of belonging by improving individual mindsets and beliefs. 2 Grace, growth, [...]

In light of the Great Resignation--or as some call it, the Great Reshuffle--the stakes have never been higher for talent development, because companies likely will be conducting a lot more [...]

Millennial, who now dominate the workforce, have different priorities from those of other generations. Cultivate a workplace culture that addresses the values of all employees. Long gone are the days [...]

Byline: Michael Brady While specific benefits and special programs can help ensure a healthy workforce, the COVID-19 pandemic has shown that having a healthy culture is crucial to helping organizations [...]

LITTLE ROCK / EMPLOYEES: 27 | INDUSTRY: ARCHITECTURE WER Architects is a full-service firm that believes quality architecture creates better places to live, work, learn and heal, and that good [...]

LITTLE ROCK / EMPLOYEES: 43 | INDUSTRY: CONSTRUCTION ACE installs glass, glazing products, and aluminum composite materials panels in some of the largest construction projects in Arkansas. The company strives [...]

6 TIME WINNER LITTLE ROCK / EMPLOYEES: 4 INDUSTRY: REAL ESTATE Many of the employees at BSR REIT -- the Little Rock-based, publicly traded real estate investment trust--have been with [...]

What's on your to-do list today? I'll wager that 'building workplace civility' doesn't appear on that list - but it's something that all leaders should be investing in daily. Why? [...]

The primary purpose for merging with or acquiring another company is to create efficiency, eliminate redundancy, and improve profitability (Tetenbaum, 1999). Historically, economics are primary. Lay-offs are common, creating uneasiness [...]

In a perfect world law firm values, management goals and compensation plans should form a three-legged stool strong enough to move a law firm forward in an agreed-upon direction. In [...]