The Changing of the Guard: Selecting Your Next Firm Leader, by Patrick J. McKenna
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The Changing of the Guard: Selecting Your Next Firm Leader, by Patrick J. McKenna
Free PDF Ebook The Changing of the Guard: Selecting Your Next Firm Leader, by Patrick J. McKenna
Every firm eventually finds itself in need of a new leader, which means the executive committee or board must seek to replace the incumbent. Concerns over leadership succession and loss of expertise are among the biggest fears cited by current law firm leaders. But surveys show that many firms are doing little more than talk about the problem. Even where firms do have a succession plan in place, this is often found to be based on assumptions with strategic gaps and no realistic contingency plans. The result is that when law firm leaders leave abruptly, firms are thrown into chaos. The Changing of the Guard is a highly practical step-by-step guide to the various phases that law firms need to work through in a firm leadership selection process, from choosing a nominating committee and setting a timeline, through to analysing candidates' strengths, and transition processes.
The Changing of the Guard: Selecting Your Next Firm Leader, by Patrick J. McKenna- Amazon Sales Rank: #3370576 in Books
- Published on: 2015-03-26
- Binding: Paperback
- 140 pages
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1 of 1 people found the following review helpful. A practical and pragmatic approach By Phillip Taylor MBE MANAGING LEADERSHIP CHANGE IN YOUR LAW FIRM? READ ‘THE CHANGING OF THE GUARD’ FOR A PRACTICAL, PRAGMATIC APPROACHAn appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green ChambersIn any business, change is the only constant and so it is with law firms. Change requires adaptability, forward thinking and a systematic, rational approach to challenge. One of the biggest challenges, in fact possibly the biggest, is responding to the imminent and possibly urgent need for a change in the management of a law firm. Choosing the right individual to lead your firm is crucial, as it will inevitably impact on the future standing and reputation of your firm, not to mention its future profitability.So if your firm is facing a change of senior management within a certain time frame, you would do well to acquire this new publication from the Ark Group. While conceding that every legal practice is unique, the author, Patrick J. McKenna, offers some cogent, plain-speaking advice to help you and your colleagues establish the right selection criteria and a rational plan of action aimed at helping you make the right decisions in choosing your leader, instead of the wrong ones.McKenna warns, for example, about the ‘heirs and successors’ syndrome in which the current leader of a firm -- usually the managing partner -- who, when facing retirement, chooses the ‘next in line to the throne’, so to speak. This may be the right decision, but then again it may not. The author therefore suggests other options and alternatives.The resulting advice covers a fairly wide range of circumstances. If, for example, your firm is looking to effect a change of leadership in the next year or so, the book offers a logical, step-by-step guide to the best ways to go about defining and refining your eventual choice.Or, if you find yourself in an emergency situation of sorts (not good) in which your current leader has suddenly left in a huff, or fled to pastures new and dropped you in it, then ideally you need to find a successor by tomorrow morning (also not good), in which case, this book can help you cope.The author’s initial advice here by the way, is to appoint an interim leader, thereby adopting a business-as-usual approach which, for the time being, will reassure clients, colleagues, other interested parties and probably the press too. You and you team may not have made the ideal choice, but at least this temporary expedient has given you a breathing space to decide what to do next.Good advice? No doubt about it – and indeed the book carries on in much the same vein, covering a number of related challenges and issues, including the different types of leadership selection processes. It tends to focus on the contested election -- and many of the possible consequences, some of them unintended, like jealousy, factionalism, taking sides and so on. Any one of these problems can undermine a firm’s morale and productivity, so it is useful to know how they may be avoided.The author, whose three decades of experience has led to his being the subject of a case study at Harvard Law School, lends a reassuring weight of authority to what he puts forward as effective strategy in this type of endeavour, which is definitely not an easy journey.Nevertheless, McKenna’s insightful commentary on the characteristics of good leadership, supported by actual cases and interviews, can help you anticipate the possible pitfalls of a leadership selection process. And who knows? This book might even help you engineer your own promotion in the not too distant future.
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