Law is a personal service business and building a firm is very much tied to building personal relationships. I spend a good chunk of my time as I travel building and maintaining personal relationships with existing partners and colleagues and developing new relationships with clients and recruits. Lawyers who can work anywhere tend to want to join a firm where they can be successful and where they can have friends and be liked. |
We are excited about expanding these practices throughout the firm and further developing these areas and client relationships. We see great opportunities in these new and expanded practice groups for Reed Smith. |
We're moving toward being a billion-dollar company, and we needed to formalize our development like other large companies do and not rely on the on-the-job training I had. These are things that are critical to running our business but aren't things you naturally learn in law school. |
We're still trying to figure that out. We've hired experts to help us. |