Is Your Law Firm Led Or Managed

Developing the Next Generation of Rainmakers Is Your Law Firm Led or Managed? Is your law firm led or managed? What is the difference and does it make a difference? Seth Godin posted a blog The difference between management and leadership. He said that companies need both and that is true of law firms also. But, I wonder if law firms are getting both. In his book Principle Centered Leadership,  Stephen Covey writes: Leadership focuses on the top line. Management focuses on the bottom line. Leadership derives its power from values and correct principles. Management organizes resources to serve selected objectives to produce the bottom line. If your firm led (focus on values, principles, vision, keeping the mission in sight, or is your law firm managed (focus on efficiency, hourly rates, logistics, methods, procedures, short term profitability)? To lead, law firm leaders must have a vision and get firm partners behind it. Without a clearly articulated vision, leaders will have a very difficult time choosing how to allocate firm resources., including: I love another Stephen Covey quote: Almost every significant breakthrough is a result of a courageous break with traditional ways of thinking. What courageous break with traditional ways of thinking would produce the most significant breakthrough for your firm?     I practiced law for 37 years developing a national construction law practice representing some of the top highway and transportation construction contractors in the US.