find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
Partners must lead to drive firm growth

Partners must lead to drive firm growth

Partners must also be business leaders if firms are to remain relevant in an increasingly globalised legal market, a leadership guru has said.

Speaking with Lawyers Weekly, Greg Lourey (pictured), commercial and governance director at consultancy firm The Leadership Circle Asia-Pacific, urged firms to prioritise the leadership development of partners to remain relevant in Australia’s new, global legal marketplace.

“We live in an increasingly complex business world and professional service firms must develop their people and leaders so they can function at the same level of complexity as their environments,” he said.

Lourey also encouraged partners to apply their commercial acumen and leadership skills to drive the growth of the business.

“Partners have invested a lot of time in their technical expertise and now, as the market becomes more competitive, they’re being asked to increase their capacity and step into a leadership role,” Lourey said.

“These are good business-minded people that, in addition to dealing with the demands of clients and a growing practice, need to ensure the firm remains relevant now and in the future.”

The Leadership Circle works with law firms to assess how leadership is impacting productivity and turnover against metrics such as customer satisfaction and team engagement. The company facilitates what it describes as “leadership transformation” using various methodologies and tools, revealed Lourey.

This “transformation” can take between three and five years, said Lourey, claiming that it takes time to break certain behaviours that partners have developed over several years, sometimes decades.

“Some habits are hard to undo so firms need to be prepared to make an investment in development,” he added.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Partners must lead to drive firm growth
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
LCA president Fiona McLeod SC
Aug 17 2017
Where social fault lines meet the justice gap in Aus
After just returning from a tour of the Northern Territory, LCA president Fiona McLeod SC speaks wit...
Marriage equality flag
Aug 17 2017
ALHR backs High Court challenge to marriage equality postal vote
Australian Lawyers for Human Rights (ALHR) has voiced its support for a constitutional challenge to ...
Give advice
Aug 17 2017
A-G issues advice on judiciary’s public presence
Commonwealth Attorney-General George Brandis QC has offered his advice on the public presence of jud...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...