{"id":82280,"date":"2021-03-08t11:00:08","date_gmt":"2021-03-08t16:00:08","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=82280"},"modified":"2021-04-19t22:50:09","modified_gmt":"2021-04-20t02:50:09","slug":"but-i-am-managing","status":"publish","type":"post","link":"\/\/www.g005e.com\/2021\/03\/08\/but-i-am-managing\/","title":{"rendered":"but i am managing!"},"content":{"rendered":"
<\/a>not being the managing partner is no excuse for not polishing skills.<\/strong><\/p>\n by ed mendlowitz<\/i> question:<\/strong> i am a partner in a multipartner firm and have no firm management responsibilities, rather i manage a large book of business and while i do not bring in much new business (i don\u2019t have time) i get substantial additional consulting services from existing clients and my realization rate is highest in the firm.<\/p>\n more:<\/b> make more money starting now<\/a> | how are you spending the next five years?<\/a> | how to get the most from cpe<\/a> | does your staff know all the services you provide?<\/a> | price your practice by gross<\/a> | advising estate executors: the newbie guide to getting started<\/a> but yet you told me i should attend at least one daylong practice management program a year.\u00a0why? as an engagement partner, you are responsible for<\/p>\n you might also get involved with determining bonuses and promotions of staff you work with and the need to provide for succession and continuity of your work should you become incapacitated, are traveling or on vacation and do not like to respond to calls or emails at those times. you may also get involved with setting compensation of other partners and electing new partners, planning a firm or group retreat, and determining proper cpe for the staff you work with, and management training for them.<\/p>\n you are a \u201cmanaging\u201d partner \u2013 just not the firm\u2019s managing partner. you\u2019d better work on these skills!<\/p>\n a one-day-long map program is only eight\u00a0hours a year \u2013 you need to work on finding that time. better yet, go on a two- or three-day out-of-town program. you will be immersed with practice management issues while interacting with counterparts in similar firms from all over the country.<\/p>\n one idea can provide big-time payback on a continuing basis.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\nanswer:<\/strong> you may not feel it necessary to be involved in firm management so you do not consider it necessary to attend practice management courses or read about it. however, whether you realize it or not you are in a business \u2013 a \u201cone-owner business\u201d that\u00a0is comprised of your book of business and responsibilities to have this work done as well as possible.<\/p>\n\n