Managing Partner Kristina Lawson keeps on her desk a laminated copy of the one-page, five-year, strategic plan Hanson Bridgett LLP partners drafted in 2021 and encourages her colleagues to do the same.
"I refer to it to make sure it is my North Star when making our decisions," she said.
Roughly 80% of U.S. law firms think about strategic plans, but fewer commit them to paper, and even fewer follow through on them, according to several studies.
Lawson, w...
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