At Redwood Analytics, we have long preached the importance of profitability and financial training for new partners at law firms. Nonetheless, firms have long been put off by the idea:
Taking Control of Your Partner Education Program
After three years of law school, hours spent studying for the Bar exam, and many years toiling away at the associate ranks, new partners often believe that there is nothing new they need to be taught about being a principle of a law firm. The resistance to spending time in a classroom is palpable. It is viewed as tedious and, since partners are rarely compensated for learning or personal development, they are less inclined to "waste" their time.
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