Sampling Characteristics of Successful Firms in 2009:
- An ongoing effort to improve management and leadership skills including having the most qualified (vs. most senior, etc.) leaders at the helm
- Creating written action plans, monitoring them regularly and holding everyone timely accountable to do their part
- Taking the need to market the firm seriously and doing it in ways right for the firm and its goals
- Treating all employees and partners respectfully at all times (including treating/training/renaming receptionists as your primary “Marketers of First & Last Impression”)
- Being decisive and avoiding the poisons of sticking our heads in the sand and/or procrastination
- Offering adequate, timely and quality training, performance and attitude evaluations and coaching wherever needed (e.g. new software/equipment, stress or anger management, organizational skills, associate development, substantive law skills, etc.)
- Defining success by what’s best/right for firm, its people, goals and culture vs. merely adopting society’s or traditional legal system definitions
- Treating each client as if they were their only and/or best client & giving them multiple ways to offer their feedback and recommendations
- Embracing technology with foresight, ethics, resourcefulness, creativity and perseverance for the learning curves
- Diversification in areas of practice, clients, mindsets and employees
Sampling Characteristics of Not-So- Successful Firms in 2009:
- Not doing one or more of the top ten success steps above
- Failing to quickly put an end to office bullying, harassment and other ongoing negative behaviors/attitudes
- Leaders in name only (e.g. with lousy leadership characteristics and skills)
- Surviving day by day instead of charting, implementing and sticking with a plan for achieving long range goals
- Failing to make timely, tough and wise changes needed in light of economic and other changing circumstances
- Allowing negative attitudes and talking behind backs
- Poor hiring/interviewing/training skills and systems
- Lousy risk management systems or a failure to mandate compliance by all employees
- Lousier stress management and office morale
- Poor/sloppy client selection