Good Governance in Law Firms
A Strategic Approach to Executive Decision Making and Management Structures, Second Edition
Good governance has become a critical condition for law firms of all sizes to meet the new, fast-moving opportunities of fast-changing markets for legal services — much more than just having a good partnership agreement.
With new insights and substantially updated guidance derived from the recent developments and disruptions of the past ten years, this second edition, published in association with the International Bar Association, concludes with an examination of emerging trends that will shape law firm governance in the future. It provides visionary, but entirely realistic, insights into how law firm governance will need to continue to adapt to new regulatory regimes for the legal profession, stress testing concepts and new alternative business structures.