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New Sources Of Managerial Authority In Large Law Firms, Elizabeth Chambliss
New Sources Of Managerial Authority In Large Law Firms, Elizabeth Chambliss
Faculty Publications
The academic literature on large law firms emphasizes the limited authority of professional managers and the ability of rainmaking partners to sidestep formal management controls. Research suggests that bureaucratic management structures, such as dedicated, professional managers, tend to be weak or unstable in law firms, where compensation and status are tied to control over clients. Thus, while many commentators point to the potential competitive benefits of professional management - or, what typically is referred to as the "corporate" model - most analysts are skeptical that U.S. law firms will embrace such a model any time soon.
This Article stakes out …