Marcia Wasserman: Law Firm Evolution in Changing Times

In this episode, Steve Fretzin and Marcia Wasserman discuss:

• Challenges law firms are facing today that they’ve never had to before. 
• Managing generational differences to the benefit of both parties. 
• Where to start when everything seems to be going sideways. 
• The benefit of a peer advisory group. 

Key Takeaways:

• Managing expectations for both the law firm managers and the younger lawyers is key to making sure everything is being accomplished at the right profitability. 
• Clients are also getting younger, not just new attorneys. Understanding how the younger generations think can be crucial for your law firm success. 
• It doesn’t take a certain personality to be a leader - it takes listening skills, vulnerability, and transparency to your vision. 
• If you delegate more, you will be more effective in what you are best at. 

"It's getting the lawyers who manage the firms to understand that things have changed and they are not able to do it the way they've always done it." —  Marcia Wasserman

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Episode References: 

• Measure What Matters by John Doerr - https://www.amazon.com/Measure-What-Matters-Google-Foundation/dp/0525536221
• ProVisors - https://provisors.com/

About Marcia Wasserman: Marcia Watson Wasserman is the Founder and President of Comprehensive Management Solutions, Inc., which provides “C.O.O. to Go”™ law practice management consulting services to boutique and midsize law firms. Her expertise includes operational management reviews; management and leadership development and training; succession planning; strategic planning; retreat facilitation; law firm start-ups and mergers. Marcia serves as a coach, mentor, and accountability partner to Managing Partners, Attorneys, and Legal Administrators. Marcia also leads multiple law firm Managing Partners’ and Legal Administrators’ Roundtables, focused on thought leadership and sharing best practices. She is a Fellow in the College of Law Practice Management and the author of 2 books published by the ABA. 

Connect with Marcia Wasserman:  

Website: https://www.comprehensivemgmt.com/

Email: mwasserman@comprehensivemgmt.com

LinkedIn: https://www.linkedin.com/in/marciawwasserman/

Connect with Steve Fretzin:

LinkedIn: Steve Fretzin

Twitter: @stevefretzin

Instagram: @fretzinsteve

Facebook: Fretzin, Inc.

Website: Fretzin.com

Email: Steve@Fretzin.com

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Call Steve directly at 847-602-6911

Show notes by Podcastologist Chelsea Taylor-Sturkie

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