"Flexibility" is one of the biggest buzzwords in law
firm management these days. To keep productive partners and reduce
high turnover costs, firms need to offer lawyers options that allow
them to enjoy a better work/life balance. One such option is a
part-time partnership track.
Like other flexible arrangements, part-time partnerships can
also benefit law firms. But to make your program a success, it is
essential that management fully embrace the concept and formalize
the terms and responsibilities.
Tone at the Top
If your firm is considering — or has already implemented
— a part-time partnership track, do not just "set it and
forget it." You need to make a concerted effort to ensure its
success. This starts at the top, with management's full
buy-in.