Asked and Answered

By John W. Olmstead, MBA, Ph.D, CMC

Q. I am the managing partner of a 12 attorney firm in Chicago. We have been considering whether we should develop a strategic plan for the firm. We have problems even having partner meetings on a consistent basis and those often yield questionable results. What are firms doing? Does a strategic plan make sense for a firm like ours?

A. According to recent surveys, 70+% of the responding law firms (ranging in size from the largest to 45 attorney firms) have formal written strategic plans. Smaller firms have a much lower experience. In our experiences with smaller law firms we are finding that fewer than 15% have formal written strategic plans. I consider success to be achievement of measurable results as evidenced by achievement of the goals and objectives outlined in the plan and actual implementation of action items. Lawyers and law firms seem to do better at planning than they do at implementation. Larger firms usually are more successful in implementation due to availability of management resources, leadership and functional governance. Smaller firms tend to have problems with implementation. In fact, we frequently recommend that a firm address other management issues prior to engaging in strategic planning. If a firm is having problems implementing day-to-day operational decisions the firm will not be effective in implementing strategic planning initiatives.

You might want to get your operational house in order first and resolve day-to-day operational management issues first and then move on to the future.

Join us for this lively program in Bloomington on March 7^th for informative skits, scenarios, and group discussions that allow participants to gather invaluable information on identifying potential ethical dilemmas and applying the Rules of Professional Conduct in a fun and interesting way! Government attorneys with basic to intermediate practice experience will benefit from the ethical information presented throughout this seminar.

The program is presented by the ISBA Standing Committee on Government Lawyers and qualifies for 4.0 hours MCLE credit, including 4.0 hours Professional Responsibility MCLE credit (subject to approval).

Click here for more information and to register.

Our panel of leading appellate attorneys review Friday's Illinois Supreme Court opinions in the civil cases Chicago Teachers Union v. The Board of Education of the City of Chicago and Gaffney v. Board of Trustees of the Orland Fire Protection District and criminal cases People v. Washington, People v. Guerrero and People v. Baskerville.

"Legal Issues with Single Family Home Construction" and "Dealing with Foreclosures" will air on Chicago Access Network Television, Channel 21 in Chicago, at 10 p.m. on Tuesdays in February and March. These half-hour programs are presented by “Illinois Law,” a cable production of the Illinois State Bar Association (ISBA). Both programs are available for online viewing below.

"Legal Issues with Single Family Home Construction" will air at 10 p.m. on Tuesdays, Feb. 28 and March 13. Program moderator Martin A. Dolan, of Dolan Law Offices, Chicago, discusses the topic with guests Adam B. Whiteman, of Whiteman Law Offices, Chicago; Jennifer Nielsen, of Lyman & Nielsen, LLC, Oak Brook; and Myles L. Jacobs, a partner in Brumund, Jacobs, Hammel, Davidson & Andreano, LLC, with offices in Joliet, Channahon and Yorkville.

"Dealing with Foreclosures" will air on Tuesdays, March 6 and 20. Program moderator Martin A. Dolan, of Dolan Law Offices, Chicago, discusses the topic with three members of the Illinois Real Estate Lawyers Association, including Samuel H. Levine, of Arnstein & Lehr, LLP, Chicago; Erica Crohn Minchella, of Erica Crohn Minchella, Ltd., Skokie; and Steven B. Bashaw, of Steven B. Bashaw, PC, Lisle.

The 33,000-member organization, with offices in Springfield and Chicago, provides professional services to Illinois lawyers, and education and services to the public.