Categories
Firm Culture

Has the Legal Profession ‘Souled’ Out?

Back in the day, the practice of law was considered to be a profession first, and a business second.  Over the years, there was a great deal of talk about how lawyers had to recognize that the practice of law was also a business, and to become more business-like in their approach.  I expect that this had a lot to do with some combination of law firms becoming less profitable and law partners, like many in the corporate sector, becoming greedier.

Categories
Work/Life Balance

Caution: Law Firm Built On Quicksand Ahead

(A Cautionary Tale For Lawyers of All Ages)

Back quite a while ago somewhere in Ontario, a fellow who I will call Sam started a law firm, which he quickly grew to be a decent firm of about 20 lawyers.

Sam was a fairly progressive guy for his time, in a number of ways. 

One of Sam’s philosophies was that it takes all types of personalities to build a successful law firm.  When other partners would complain that some partners brought in more clients or produced more billable hours than other partners, Sam would say “we need to have diverse personalities and skills to build a strong firm.  We can adjust for differences in productivity in compensation.”