Law Firm Retreats
Law Firm Partner / Director Retreat for a Day
Business planning is not critical to success but it does make it significantly more likely. All partners should be committed to the same business plan, designed to align objectives, achieve the firm’s potential and provide the maximum return relative to agreed input.
Partnerships that conduct regular partner retreats are generally happier, more supportive and more productive. Retreat for a Day is a program specifically designed for smaller partnerships. Retreat for a Day is consistent with the FMRC no nonsense approach and will achieve pragmatic outcomes for your firm.
Partner Opinion Questionnaire
A Partner Opinion Questionnaire will be provided to each partner. The questionnaire provides each principal with an opportunity to provide background and to comment on strategic challenges and opportunities facing the firm. The partner opinion questionnaires are a useful way to get partners thinking strategically, with a 5 year time frame.
We will collect comparative analysis data through the FMRC on line benchmarking application. A financial performance report will be considered at the retreat.
Staff input questionnaire
All staff will be given the opportunity to complete an on line questionnaire designed to provide us with feedback from employees at all levels. The questionnaire covers organisational climate, supervision, leadership, feedback to employees and improvement opportunities. A report will be prepared prior to the retreat. No staff members are identified unless the firm requests an open survey. In an open survey respondents identify themselves prior to completing and submitting the questionnaire.
Prior to the retreat we will prepare a Discussion Paper that outlines our thoughts on the strengths and weaknesses of your firm and what options are available to you. This paper is usually hard hitting but the aim is to raise awareness on the need for action so the day can be spent productively developing solutions.
The program will be developed in consultation with you. A sample program is:
9.00am – 5.00pm
Improving financial performance
- Comparative financial analysis
- Reviewing pricing
- Reviewing productivity
- Agreed performance standards
Developing a 5 year plan
- Areas of practice
- Firm size
- Success levels
- Identifying key performance indicators
- Required resources to achieve the plan
- Managing recruitment
- Motivation and performance
- Succession management
Practice development and marketing
- Client retention
- Client attraction
Implementing the plan
- Timetabling implementation
- Communicating plan to staff and garnering support
These retreats are conducted by Neil Oakes or Sam Coupland. Retreats can usually be scheduled within 6 weeks however weekends are limited.
Please contact FMRC on +61 2 9262 3377 to discuss likely outcomes for your firm.