Momentum versus quality. That’s the question for the upper reaches of the legal industry that is never on the lips of managing partners but probably should be. The industry likes to focus on partnership models, strategies, practices, geographic spread and culture. These are all fine up to a point but as major determinants of success, they get too much air time. But momentum – well, the impact of that is dramatically, empirically startling in law. When firms have it they are capable of achieving staggering levels of growth and market repositioning.
