Managing Parter Forum’s New White Paper Shows Law Firm Managers Are Optimistic About The Future

Law firm management experts analyze information collected during the 2010 Managing Partner Forum Annual Conference and provide practical advice for managing partners.
By: Charles Jones
 
 
The Managing Partner Forum releases white paper
The Managing Partner Forum releases white paper
July 13, 2010 - PRLog -- ATLANTA – Following the success of its 2010 annual conference presented by TheRemsenGroup in Atlanta, the Managing Partner Forum (MPF) released a white paper analyzing the surveys, insights and recommendations collected during the Conference attended by more than 70 managing partners and leaders representing prominent national and boutique law firms from across the country.

Created by Charles Huxsaw, editor of legal publications for the Institute of Management and Administration and John Remsen, Jr., President and CEO of The Managing Partner Forum and President of TheRemsenGroup, the final report shows:
- Firms did not perform as poorly financially in 2009 as expected, and are cautiously optimistic about their performances in 2010 and 2011.      
- Although more and more law firms are developing and implementing firm-wide strategic plans, the majority of participating firms still do not have one.
- The overwhelming majority of firms with a strategic plan report improved performance and profitability as a result of the plan.
- Managing partners continue to be bogged down with handling day-to-day administrative matters as opposed to focusing on implementation of long-term positive strategic change for the firm.

TheRemsenGroup’s Recommendations:
- Develop and implement a firm-wide strategic plan
- Create job descriptions for the managing partner and other key firm leaders
- Empower a competent and trusted firm administrator
- Consistently maintain investments in the firm’s future

The complete white paper can be downloaded at: http://www.managingpartnerforum.org/index.cfm/planning/wh...

Charlie Huxsaw is Editor of Legal Publications for the Institute of Management and Administration (IOMA), a publisher of management advisory newsletters for law firms and other professional service organizations. Its newsletters include Law Office Management & Administration Report, Compensation and Benefits for Law Firms, and Partner’s Report. He may be reached at chuxsaw@ioma.com.

John Remsen, Jr. is widely recognized as one of the country’s leading authorities on law firm marketing and business development. After serving as in-house marketing director at two major law firms, John formed TheRemsenGroup, a marketing consulting firm that works exclusively with law firms to help them develop long-term marketing strategies and implement proven, cost- effective business development programs. Since 2001, TheRemsenGroup has organized and presented Managing Partner Forum, an unsurpassed networking and learning opportunity for law firm managing partners. He may be contacted at jremsen@theremsengroup.com.

The Managing Partner Forum also offers a content-rich website featuring the latest articles, white papers and other resources on topics most important to managing partners. In addition, the organization has launched a monthly electronic newsletter featuring timely, relevant leadership tips, articles and white papers. Remsen has also introduced a web seminar series featuring nationally recognized faculty and law firm leaders.

To learn more about the Managing Partner Forum and review its resources, please visit http://www.managingpartnerforum.org/
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Source:Charles Jones
Email:***@cjonespr.com Email Verified
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Tags:Legal, Managing, Partner, Law, Firm, Management, Remsen, Economy, Marketing, Leadership, Lawyer, Skills, Event, Forum
Industry:Business, Legal, Marketing
Location:Miami - Florida - United States
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