(312) 781-9000
06 Nov

Collaboration Between Law Firm Partners Encourages Client Loyalty and Business Development

by: Astor Professional Search

Professor Heidi Gardner of Harvard Law School presented her research at the 20th Annual Law Firm Leaders Forum in early October, where she discussed why law firms should encourage collaboration among firm partners in order to increase innovation and development.

Hands of international coworkers sitting around table, putting colorful puzzles together

Sean Doherty of Above the Law highlights the key points of her talk, noting two trends that lend themselves to partner collaboration: first, the increasing complexity of law, which requires lawyers to specialize and work in discrete practice groups, and also the engagement in the “volatile, uncertain, complex, and ambiguous (VUCA) phenomena” that is often used to coordinate business spanning multiple disciplines.

As part of her research, Gardner interviewed law firm clients about the importance of partner collaboration within the firms, and found that clients believed that such collaboration increased the efficiency, cost-effectiveness, geographic reach, and innovation of the legal services, as well as led to a more complex understanding of the client’s enterprise.

Gardner posits that collaboration will be largely beneficial to firms over time, despite initial costs.  Doherty reports Gardner’s list of benefits from collaboration to include “more successful business development, higher personal productivity, enhanced reputation, and ‘sticky’ (read: loyal) customers.”

 

author-bio-image author-bio-image
William Sugarman

William Sugarman is the president and founder of Astor Professional Search. He engages in the successful placement of attorneys with local, regional, and international law firms and corporations. Bill’s extensive legal and business development experience give Astor an edge over other legal recruiters nationwide. At the cornerstone of Bill’s strategic philosophy is providing the highest level of personalized attention to his clients and attorney candidates. This is also a key factor that separates Astor from other legal search firms, and it consistently delivers legal placements year after year.

Years of Experience: More than 20 years

Share it here
Related Posts
01 Apr Legal Sector Jobs Showing Gains in 2019, Report Finds
Legal Sector Jobs Showing Gains in 2019, Report...

The U.S. legal industry climbed to 1,142,700 jobs last month, returning to last year’s highwater mark set in October, according to r...

28 Sep The Pros and Cons of Global Law Firm Growth
The Pros and Cons of Global Law Firm Growth

According to Am Law Daily, mixed opinions were exchanged last week at the International Bar Association’s annual conference, regardi...

16 Dec Legal Experts Predict Robust Lateral Market for 2020
Legal Experts Predict Robust Lateral Market for...

The American Lawyer reports that the U.S. law firm industry had another strong year in 2019 and revenues for 2020 are predicted...