Product Description
Abstract
Supplements the (A) case by describing the resolution of the ownership decision that the firm had to make and updating the reader on the firm's history following that decision.
Learning Objectives
This case provides a vivid narrative of relatively early-career lawyers struggling to find an organization that fits their values and goals, and allows the reader to explore a variety of basic organizational challenges in professional services: How do busy professionals with strong service commitments to their clients devote time to their own careers and organizations? How do like-minded professionals find others willing to form a new organization? How can they allocate ownership and compensation among partners with disparate levels of experience? How can they make sure that their partners' goals and values are aligned? How do the partners' outside opportunities shape their relations with each other?
Subjects Covered
Professional Development, Work/Life Balance, Professional Services, Change Management
Setting
Geographic: United States
Industry: Law Firm
Event Year Begin: 2011
Accessibility
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Additional Information
Professor John Coates’ Legal Start-Up Case Studies Inspire Students
Copyright Information
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