On Law Firm Leadership and Accountability  (2009)

A thought provoking message from my good friend, Ed Reeser.

Ed’s message:  The challenge to leaders, and to the lawyers they lead, starts this October.  That’s when: 1) projections for 2009 results will become accurate; 2) banks reset loan line amounts and conditions for 2010; 3) calls for capital are made; 4) partner compensation for 2010 is set; and 5) greater cost cutting may be proposed.  How can the leaders rally support for this investment?  In a word, accountability.  Firm leaders must demonstrate their own confidence in their budgets and business plans by holding themselves directly accountable for the outcomes.

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