Wise words from Alan Waxman. I have always seen it as a weak spot that law firms often don’t place enough emphasis on or provide sufficient resources for their attorneys to develop management skills. I 100% agree that good leaders get to know their people (no one should feel like a fungible billable unit), are open with their team about goals (it isn’t just partners who deserve to understand why a certain transaction or client is important) and aren’t afraid to admit when they are wrong (what is it about lawyers specifically that makes this so hard?). I’ve always said that I absolutely can’t achieve my goals without the support of a good team so it’s important to value, respect and trust those who support what you are doing (and to support them in their goals as well).
Watch Sixth Street CEO Alan Waxman in conversation with Kristin Stenerson of our Healthcare and Life Sciences team as they discuss how effective leadership starts with building trust. The talk was part of the Sixth Street Women’s Summit held last month, where senior women from across the firm gathered to share leadership reflections and best practices for relationship building.
