Many great firms that I serve have a common enemy ”complacency” which Is indeed the result of decades of success. Managing Partners complain that they are unable to get their partners to pay attention to their future.
Here’s a teaser quote:
If you like money, it’s a great time to be a lawyer. In Citigroup’s Law Watch survey of "153 US law firms broadly representative of the industry," law firm revenue has gone up 9.8% per year since 2001. But as Bill Gates put it: "Success is a lousy teacher. It seduces smart people into thinking they can’t lose." We know lawyers are smart people. Do some think they can’t lose?
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