Chambers and Partners’ Post

The Leading Teams Annual Report 2024 is now available   Created by Chambers and Partners and Lamp House Strategy for talent professionals at the leading law firms, the report distills the findings from our 2024 analysis of over 6,500 associates and partners. We explore the key themes that have the greatest impact in driving results to understand: 💡 the % of Associates who plan to leave the firm they work for in the next 2 years 💡 what Associates see as the most under-valued skills in law firms today 💡 how more days in the office show higher engagement and higher scores  💡 how efforts firms make to retain and promote diverse lawyers are rated  if being a responsible business has a significant impact on your talent Download your copy of Leading Teams Annual Report using the link in the comments below:

Ever wondered why top lawyers choose one firm over another? In today's hyper-competitive legal market, social proof - think Chambers and Legal 500 rankings or high-profile client wins - does more than just decorate a firm's website. These accolades scream credibility and long-term potential to any partner contemplating a move. But let's get real. Attracting top talent isn't just about promoting rankings or deals. It's about a compelling story: What does that accolade say about your firm's culture, leadership, and growth opportunities? For recruiters, understanding the rankings is not enough. We must grasp the human factors - the values and vision that make each firm unique. This isn't just a law firm issue. In any crowded market, real differentiation is vital.

💡 The Leading Teams Annual Report 2024 is now available 💡   Created by Chambers and Partners and Lamp House Strategy for talent professionals at the leading law firms, the report distills the findings from our 2024 analysis of over 6,500 associates and partners. We explore the key themes that have the greatest impact in driving results to understand: ⚫ the working environments across the leading law firms and their competitive peer groups ⚫ how lawyers work well together ⚫ what they want from their lives in their firms ⚫ how they plan to progress in their careers Download your copy of Leading Teams Annual Report using the link in the comments below 👇

The Leading Teams Annual Report 2024 is now available. Created by Chambers and Lamp House Strategy for talent professionals at the leading law firms, the report distills the findings from our 2024 analysis of over 6,500 associates and partners. We explore the key themes that have the greatest impact in driving results to understand: -The working environments across the leading law firms and their competitive peer groups -How lawyers work well together -What they want from their lives in their firms -How they plan to progress in their careers Download your copy of Leading Teams Annual Report here: https://lnkd.in/edH7vYEj

Thought leadership is pivotal for law firms, not just a buzzword! But why does it matter? ➡️Enhancing Reputation: Consistently providing insightful content gains respect and grabs attention. ➡️Building Credibility: Sharing expertise consistently earns trust and sets firms apart. ➡️Distinguishing from Competitors: Unique insights attract top talent and discerning clients. ➡️Boosting Lawyers' Careers: Increases visibility and fosters professional growth. ➡️Attracting Quality Partnerships: Valuable insights draw in credible collaborators. ➡️Fostering Trust and Loyalty: Builds enduring client relationships. ➡️ Driving Business Growth: Attracts clients, establishes credibility, and fosters trust. Ready to discover the power of thought leadership for your firm? Check out our blog post to learn how to build a thought leadership strategy: https://bit.ly/44mcuGQ #LegalMarketing #ThoughtLeadership #LawFirms #BusinessSuccess

I had the chance to attend a fantastic networking session this week which included some really insightful panel discussions. Yes, there was an AI conversation, of course. There was also a panel of leadership Partners from London’s big-law market, and a client panel of senior in-house leaders from an impressive list of household name organisations. Lots to digest and lots of areas covered, I of course firmly applied my legal resource management / strategic work allocation lens to it all and wanted to share a couple of thoughts. Partner Panel So much of what the Partner’s discussed related to how they can operate efficiently and profitability. How they win and keep clients, and how they attract, develop and retain talent. There’s so much in this that can be supported and driven forward by good process around managing lawyer careers, and embracing an objective and data-driven approach to allocating and managing work. As we’ve seen with the firms we at BigHand are working with on resource management, there’s huge value in making sure you have the right people doing the right work. Including ensuring lawyers have equitable access to the work they need for their development and to serve their career interests, ensuring they have the right balance from a well-being perspective, and working to make sure matters are structured in a way that offers the right leverage of teams, the optimal use of skills and experience, and an overall profitable approach. Customer Panel The clients what to work with law firms in a better way. They want business partners who understand them and can work with them collaboratively to achieve their goals. Basically, they want a relationship. They have a real focus on costs at the moment and they want partners who will be transparent with them around how work is being delivered and who’s doing it. They would appreciate more secondment opportunities, and, they want firms to mirror their commitment and achievement in driving diversity. That last one is something they’re not seeing enough and it was a big focus of the discussion. Guess what, I believe strongly that resource management is an incredibly powerful, and proven, opportunity for law firms to answer these challenges from their clients and the market. So great to see connections old and new at the event as well. Dave Cook Vanessa Jerrom

From VUCA to CHAOTIC: The six trends that will drive General Counsel agendas in 2024. Each year clients ask me what we see as the greatest trends, from our conversations with thousands of Legal Leaders around the world. In 2024, we predict we are moving from a VUCA world to a CHAOTIC one. Here are the top six trends every General Counsel should be across: https://lnkd.in/gewEhu6W

The WWL Thought Leaders: Firm Management 2024 research report is now live on Lexology! https://lnkd.in/eQCEgmHu WWL Thought Leaders: Firm Management brings together senior practitioners from prominent law firms and consulting firms from around the world, giving readers access to their insight, expertise and wisdom. 

Discover the advice that Elliott Portnoy, Founding CEO of Dentons is giving to his incoming successor and the highlights and challenges of his time leading the global firm here. #LegalIndustryNews #LegalCareer

📝 Suzette highlights the various ways partners can contribute to a law firm beyond just generating billable hours: 🔹 Culture: Partners can promote collaboration, inclusivity, and a positive work environment, which ultimately impacts the firm's success and reputation. 🔹 Mentoring: Partners often serve as mentors to younger attorneys, providing guidance, support, and sharing their expertise to help them develop professionally. 🔹 Originating: Partners may use their networks, reputation, and business development skills to attract clients, which is crucial for the firm's growth and financial health. Overall, Suzette is emphasizing that while billing hours is important, there are other valuable contributions that partners can make to the firm's success, including fostering a positive culture, mentoring junior colleagues, and bringing in new business. #GrowLawFirm #LawFirmManagement #LeadershipStrategy #ManagementConsulting #LawPractice