LawVision INSIGHTS Blog

Author Archive : Joseph Altonji

Posted In: Compensation & Performance, Profitability, Talent Strategy

Shifting the Conversation on Associate Compensation: From “What Can We Afford?” to “Where Should We Be?”

There may be no single economic challenge facing law firms today bigger than the current war for talent.  Driven by transactional practices, the

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Posted In: Culture & Diversity, Law Firm Resilience

Year of Rediscovery: Focus 2022 on Your Law Firm Culture and Identity

Well, that’s been fun….  We are about to complete the second of two of the most challenging years in law firm history.  Yes,

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Posted In: Profitability

Manage Profitability or Rely on Luck: Why Law Firm Profitability Matters More than Ever

A few weeks ago, I addressed “What’s Next for the Legal World?” in a post focused on critical challenges facing law firms.   In

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Posted In: Culture & Diversity, Law Firm Resilience, Leadership Support & Development, Profitability, Strategic Planning, Team Performance

There’s Light at the End of the Tunnel: What’s Next for the Legal World?

Through the heroic efforts of many people in the medical and pharmaceutical worlds, the United States and other countries are on the brink

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Posted In: Mergers & Acquisitions, Strategic Planning

“We Want to Maintain Our Independence” and Other Strategic Irrelevancies: Thinking About Merger as a Small to Midsize Law Firm

We appear poised to enter a period of more rapid consolidation in the legal profession, and as always the primary moderating factor will

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Posted In: Law Firm Resilience, Mergers & Acquisitions

Law Firm Mergers in the Time of (and After) COVID

Since the COVID epidemic took hold there has been a significant reduction in the number of law firm mergers and acquisition transactions announced,

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Posted In: Culture & Diversity, Leadership Support & Development, Organizational Structure, Practice Group Management, Team Performance

Is Your Law Firm a Group of Cats or Dogs?

Is your firm a group of cats or dogs?  Probably not a question most Managing Partners have considered recently, but surprisingly apt. Consider

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Posted In: Compensation & Performance, Profitability, Team Performance

Linking Profitability to Law Firm Partner Compensation: Walking the Line Between Acceleration and Self Destruction

The current COVID crisis will have the effect of accelerating a trend that has been on the horizon for some time – moving

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Posted In: Leadership Support & Development, Strategic Planning

Preparing to Pivot: From Recovery Mode to Proactive Strategic Leadership

It’s been a crazy three months and we’re not out the woods yet on the COVID-19 crisis, but by this time all well-run

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Posted In: Compensation & Performance, Leadership Support & Development, Strategic Planning

Rethinking Partner Compensation Systems in Light of COVID-19?

As we plan for reemergence from the current business restrictions necessitated by COVID-19, it might seem a bit early to think about what

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