Will your skills fit the bill?
With the legal market opening up and more alternative business structures (ABSs) emerging each year, what kind of future can business services professionals expect from the legal sector?
As law firms seek new ways to increase capital value and drive profitability, ABSs are proving an appealing vehicle to do so. This brings with it great opportunity for business services professionals to help firms make the transition. Even for firms that don’t go down the ABS route, we are seeing business services professionals now playing a pivotal role in driving a firm forward.
These roles are increasingly being considered much less back office/support in their nature. Roles and individuals are becoming less administrative and more commercial. Individuals have accountability directly attributable to the success of the business and they are and should be required to make big and quick decisions. Firms who make the transition to ABS status also have the opportunity to allow non-lawyers to take on equity partner status and have a genuine stake in the business…
Click on the link below to read the rest of the Totum briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
Briefings from Totum
Some useful do’s and don’ts about a recruitment strategy that is becoming more popular among law firms.
MYTH: Women don’t have the same leadership aspirations as men. REALITY: It’s a visibility problem. So said a speaker at a recent conference.