Aon | Professional Services Practice
Law Firm Advisory Services
We provide a wide range of management consulting and advisory services to law firms in the US.
Please register for the Law Firm Management Advisory.
Key Insights Q4 2022
The never-ending challenges that threaten law firms today cannot be put into one box, cannot be securely dealt with once and for all, and are not easily delegated. Law firm leadership must lead by preparing and protecting the institution and the culture. Prepare for and be aware of threats from within and from outside of the firm. Think cyber, think a one firm approach to your pandemic recovery, and avoid the mistake.
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As the practice of law and client needs evolve, law firms must tackle complex management and leadership challenges. Law firm leaders must think strategically to plan for the future, grow revenue, and protect the firm from risk - while, at the same time, empowering their lawyers and staff to excel in their practices.
Planning for the future requires dedication to building new leaders from within the partner ranks to address succession. Growing revenue requires critical review of financial planning and budgetary controls and harnessing the power of the firm’s economic data to optimize efficiency, pricing, and revenue streams. For an increasing number of firms, growth planning includes exploring opportunities to pair with other firms to expand practice offerings or geographic footprint to better meet client needs. And, as always, ongoing attention and improvement to management structures, partner compensation systems, and lateral hiring practices continue to be critical to a law firm’s success.
We assist clients with these management challenges and those that lie ahead.
Our Services
We provide targeted solutions for our clients' business and risk-related needs-
Strategic Planning
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Mergers & Acquisitions
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Executive Search
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Partner Compensation
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Firm Management
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Financial Management
Strategic Planning
Guiding firms and practice groups in determining their future direction; analyzing law firms’ competitive environments; planning retreats; and, assessing alternative plans for growth and expansion.
