What Is Your Firm's Strategy - Talent Or Solution?

12 Questions | By Mbeese | Updated: Mar 19, 2022 | Attempts: 224

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Questions and Answers

1.

What is the organizing principal of your firm?
- A.
  
  Individual excellence and entrepreneurship
- B.
  
  Firm-wide contributors to value delivery
2.

What is the internal environment of your law firm like?
- A.
  
  Competitive
- B.
  
  Collaborative and team-oriented
3.

What is your firm's attitude towards overhead and investment?
- A.
  
  Resist with vigor
- B.
  
  Prepared to invest
4.

What is your firm's commitment to investing in research and development?
- A.
  
  Low
- B.
  
  High
5.

What is the variety of work performed at your firm?
- A.
  
  High
- B.
  
  Focused
6.

Does your firm use of Established Work Processes in Engagements?
- A.
  
  Less
- B.
  
  More
7.

How does your firm use key performance indicators?
- A.
  
  Individual revenue production
- B.
  
  More varied roles for individuals
8.

How does your firm use lateral hires?
- A.
  
  Extensive
- B.
  
  More limited
9.

How does your firm approach professional development and training?
- A.
  
  Apprenticeship model, On the job
- B.
  
  More formal, structured and ongoing.
10.

What is your firm's optimal market position and brand?
- A.
  
  Highly credentialed and experienced talent
- B.
  
  Best solutions and consistent value delivery across practice/platform
11.

What is your firm's reaction to market shifts?
- A.
  
  Better at small, fast shifts
- B.
  
  Better at organizing for systemic change
12.

What is your firm's attitude towards growth?
- A.
  
  Opportunistic, growth is primary goal
- B.
  
  Studied, growth is secondary goal