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Home » Values

The Cultural Dimensions Of Leveraging Institutional Knowledge

December 2, 2015 / by admin / Culture, Strategy, Values / 0 Comments
Published in Managing Partner magazine December 2015 / January 2016 Many law firms position themselves as having a client-centred strategy but fail to embrace knowledge sharing about clients and relationships. Generally, it is not a paucity of systems which prevents firms from capitalising on their client knowledge. Whilst systems will drive speed and efficiency, it […]
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Aligning Performance Management with Strategic Objectives

August 30, 2014 / by admin / Change, Culture, Strategy, Values / 0 Comments
Published in Managing Partner magazine July / August 2014   What gets measured gets done’ is a universal truism that law firms regularly ignore when designing and implementing their performance management and reward systems. It is crucial that everything is aligned with the organisation’s strategic objectives. Many firms have moved (or are moving) towards using […]
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The Law Firm Merger: A Leader’s Guide to Strategy & Realisation

April 11, 2014 / by admin / Change, Culture, Key Account Management, Leadership, Merger, Strategy, Values / 0 Comments
Published by ARK Group April 2014   THE LEGAL services market has undergone unprecedented change over the last decade. The Great Recession has been a catalyst to accelerate the pace of this change. At its core are structural changes in the profession and the deregulation of the legal services industry, leading to a fundamental reshaping […]
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Driving for Growth

December 20, 2013 / by admin / Business Development, Change, Culture, Growth, Innovation, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
My Editorial Advisory Board blog for Managing Partner magazine http://www.managingpartner.com/blog/driving-your-law-firm-towards-more-aggressive-growth Activity levels are on the increase in the UK legal market. Has the corner been turned? Can we now be more confident that the much-vaunted green shoots of economic growth have finally taken hold? For the past twelve months, a growing swell of firms have […]
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The Power of Using Values to Drive Post-Merger Integration

May 5, 2013 / by admin / Change, Culture, Leadership, Merger, Strategy, Values / 0 Comments
Published in Managing Partner magazine Ignore the importance of cultural fit and strong shared values at your peril when merging firms. Cultural dissonance is one of the most common reasons that mergers fail to deliver their expected returns. Within law firms, for which common values and behaviours are crucial to creating cohesion, getting these aspects […]
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Strategies to unlock the merger dividend

February 5, 2013 / by admin / Culture, Key Account Management, Leadership, Merger, Strategy, Values / 0 Comments
Chapter 11 of The Law Management Section Merger Toolkit Panjat Pinang is one of the most popular traditions in Indonesia. It is a unique way of celebrating the country’s Independence Day and involves, quite literally, climbing a greasy pole. Tall nut trees are felled, denuded of all branches and bark, and placed vertically in the […]
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Horizon Plan

October 18, 2012 / by admin / Business Development, Change, Culture, Growth, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
Published in Managing Partner Magazine Andrew Hedley discusses how continuous planning can help you to improve the implementation of your firm’s strategic vision. It is self-evident that, without a clear and robust approach to implementation, even the most well-crafted of strategic plans will founder. A continuous longerterm planning cycle is required. This article considers how […]
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Taking the Inside-Out Perspective

September 17, 2012 / by admin / Business Development, Change, Culture, Growth, Strategy, Values / 0 Comments
Published in PSMG Magazine   In devising their marketing and business development strategies, firms tend to focus on being ‘client-led’ and ‘competitor-aware’. I term this an outside-in approach, founded in the belief that the organisation should configure itself to present the best possible fit with current and emerging opportunities whilst simultaneously nullifying competitive threats. Whilst […]
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Firms should focus on doing the simple things well

March 19, 2012 / by admin / Business Development, Change, Culture, Growth, Key Account Management, Leadership, Strategy, Values / 0 Comments
Managing Partner Magazine BLOG   It never fails to surprise me how consistently firms fail to adequately prioritise their time and efforts to doing the simple things well. Surely putting one’s own house in order would deliver the most returns most quickly, whether by securing existing client relationships, expanding those that are nascent or providing […]
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Client Service and Relationship Strategy

December 21, 2011 / by admin / Business Development, Change, Culture, Growth, Innovation, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
Published in Best Practices in Legal Marketing   Despite having been centre stage for almost two decades, it remains the case that the effective management of client relationships and the delivery of quality and consistent levels of client service are two of the key management challenges facing many firms. These obstacles are multi-dimensional since the […]
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The Role of the Partner in Delivering a Marketing Strategy

December 7, 2011 / by admin / Business Development, Change, Culture, Growth, Innovation, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
Published in Best Practices in Legal Marketing   While it may be self-evident that the law firm partner has a central role in the creation, development and implementation of a successful marketing and business development strategy, the nature of this role is less well articulated. This chapter considers the nature of this role and the […]
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Client Strategy in a Changing Market

November 18, 2011 / by admin / Business Development, Change, Culture, Innovation, Key Account Management, Strategy, Values / 0 Comments
Published in Professional Marketing magazine   Client strategy sits at the heart of all strategy. Without the ability to attract and retain clients, at a price which delivers an acceptable level of profitability, no business can be viable in the longer term. A firm’s client strategy should be under constant review in order to ensure […]
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Chasing scale for its own sake is not a strategy

July 22, 2011 / by admin / Change, Culture, Growth, Innovation, Strategy, Values / 0 Comments
Published in Managing Partner magazine   If much of what has been written is to be believed, it could easily be assumed that strategic success simply hinges on the achievement of scale. Simply by being bigger, planting more flags in the map, increasing purchasing power over suppliers and improving the gearing ratio, all will be […]
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Hardwiring Values

March 30, 2011 / by admin / Business Development, Change, Culture, Growth, Leadership, Merger, Strategy, Values, Vision / 0 Comments
Published in Managing Partner magazine   In law firms of all sizes, managing partners are keen to position their firms as having a clear set of guiding principles by which they conduct business, engage with teams and serve clients. However, there is often an underlying misconception that a values-led approach is altruistic or, worse still, […]
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Competitive Force

September 28, 2010 / by admin / Business Development, Change, Growth, Innovation, Leadership, Strategy, Values, Vision / 0 Comments
Published in Managing Partner magazine   The book Blue Ocean Strategy challenges the primacy of competitive strategy theories. While originally developed to support longer-term corporate strategy, the principles of a Blue Ocean approach can be adapted to create new value propositions and strongly differentiate a law firm. Rather than simply dominating existing markets, it argues […]
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Land of Promise

August 31, 2010 / by admin / Business Development, Change, Growth, Innovation, Leadership, Speaking & News, Values, Vision / 0 Comments
Published in KM Legal magazine   The enduring market for legal services, with supply significantly exceeding demand, means that law firms are being challenged by their clients to deliver their services better, faster and cheaper than ever before. Impending deregulation seems set to be a further catalyst for this now established trend. A wide range […]
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The Role of Competitive Intelligence in Shaping Strategy

July 22, 2010 / by admin / Business Development, Change, Culture, Growth, Innovation, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
Competitive Intelligence: Improving Law Firm Strategy and Decision Making   “IF YOU are ignorant of both your enemy and yourself, then you are a fool and certain to be defeated in every battle. If you know yourself, but not your enemy, for every battle won, you will suffer a loss. If you know your enemy and […]
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Merging Cultures

June 19, 2010 / by admin / Change, Culture, Leadership, Merger, Strategy, Values / 0 Comments
Managing Partner Magazine   The principle drivers behind law firm mergers are fundamentally economics and sustainable competitive position, but at the core of their long-term success is the ability to create a unified culture and shared sense of purpose. Even in the most unbalanced of law firm marriages, it is a foolhardy managing partner that […]
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Virtually reality

February 15, 2010 / by admin / Change, Culture, Innovation, Key Account Management, Strategy, Values / 0 Comments
Managing Partner Magazine   Virtual Law Partners (VLP/www.virtuallawpartners.com) was established in May 2008 with eight attorneys and now has around 50. It describes itself as a “virtually connected and geographically distributed firm that provides excellent legal service at very competitive rates”. When it was established it made the news in the US legal press for […]
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Out of this World

January 30, 2010 / by admin / Business Development, Change, Culture, Growth, Innovation, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
Managing Partner Magazine   The past year has seen unprecedented turbulence for the legal profession, but is perhaps simply a portent of what is to come. Longstanding rules of competition and client relationship management have been cast to one side. A new, resolutely commercial, approach is to the fore, which is an anathema to those […]
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“The Road is Long” Merger Masterclass

November 17, 2009 / by admin / Business Development, Change, Culture, Growth, Key Account Management, Leadership, Merger, Strategy, Values, Vision / 0 Comments
Published in Managing Partner Magazine   Many managing partners regard the delivery of a successful merger as their gold-standard achievement. In one act they see themselves able to demonstrate, for the entire world to see, that their firm is going places, has ambition, and is prepared to move decisively and determinedly to achieve its goals. […]
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“Hitting the Ground Running” Business Development Masterclass

October 25, 2009 / by admin / Business Development, Change, Culture, Growth, Innovation, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
Published in Managing Partner Magazine   Many firms are coming to terms with a very uncomfortable truth: that growth is the only way out of the perilous position in which they find themselves. In many cases, costs have been pared to a point at which any further marginal reductions will have limited impact. Furthermore, the […]
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Opening up

March 27, 2009 / by admin / Business Development, Change, Culture, Key Account Management, Leadership, Strategy, Values, Vision / 0 Comments
Published in Managing Partner magazine   Every firm has huge untapped potential in the form of hidden knowledge about clients, relationships, experience and technical issues. If unearthed and shared, this could create a step-change improvement in business performance. Generally it is not a paucity of systems that prevent firms from capitalising on knowledge. This is […]
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“What Gets Measured Gets Done”

November 30, 2008 / by admin / Business Development, Change, Culture, Growth, Strategy, Values / 0 Comments
Published in Managing Partner Magazine   ‘What gets measured gets done’ is an old adage of management. It is also a universal truism that many firms ignore when designing and implementing performance management and reward systems. It is crucial that these are aligned with the organisation’s strategic objectives. Many firms are now moving towards a […]
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Some Observations on Law Firm Leaders

November 10, 2008 / by admin / Business Development, Change, Culture, Leadership, Strategy, Values, Vision / 0 Comments
Published in Leadership Development in the Legal Profession   Over the past 20 years, I have observed a range of leaders and leadership styles in professional service firms. Over this same period, there has been an exponential increase of interest in the subject of leadership, and the crucial role that it plays in the success […]
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