Analysis

3 Things Keeping Managing Partners Up At Night In 2020

Law360 (January 1, 2020, 12:04 PM EST) -- Managing partners have much to worry about on any given day, but there are a few issues giving them outsize anxiety going into 2020.

Law firms are facing epic levels of competition for top talent — including the most prestigious firms that once upon a time didn't have to worry about losing rainmakers. And managing partners are now scrambling to prevent losing business if and when those heavy hitters leave, in addition to losing clients when top billing partners retire without an effective succession plan in place.

Finally, law firm managers face a quandary when powerful partners engage in bullying and...

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