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For new firm leaders, a transition period of a couple of months is absolutely necessary to think through all the myriad details that need to be attended to before assuming office. There are numerous activities that need attention during the period from when you are first elected (or selected) to your first official day in office—ranging from preparing your family for the huge time sacrifice that’s about to occur to determining how to transition some (or most) of your personal practice and the inherent client relationships.
However, it’s also important to really get to know your strengths and weaknesses in becoming firm leader. Doing some pertinent self-discovery through a personal assessment instrument can help you better understand your unique strengths and how you react under stress. Ideally, this gets done before assuming office, not after you’ve been dropped into a quick sink-or-swim situation.
Methodically answering these types of questions helps new managing partners get ready-set-and-go for their first days on the job.