Strategic Planning – The Second Time Around
Law firms discovered strategic planning in the 1980s. By the mid-90s, most mid-sized and larger firms had generated their first strategic plan. Those plans were implemented with varying degrees of success.
Some firms have not revisited the planning process since. For them, dramatic changes in the world, the profession, their clients, and the economy render many of their strategies and the assumptions on which they are based, obsolete.
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