28 Jan Recognizing the Current State of the Law Firm Model – The LeXFactor
In this episode of The LeXFactor, a lawfully good podcast, Lexicon Brand Manager Lauren Hoffman and CIO Brad Paubel interview Wendy Merrill, Executive Vice President of Growth Strategy & Branding for DRI, to discuss helping to prepare rising leaders to steward the law firms of the future.
Before COVID, the flaws of the traditional model were becoming more and more apparent. COVID has acted like a “black light” of sorts, highlighting what’s not working in traditional firms, forcing partners to consider doing things differently.
For example, Wendy goes into detail regarding the flawed model of “non-equity/junior partners”
And for some time now there has been a growing rift between the various generations represented in law firms. Additionally, Wendy speaks to there being a succession planning crisis in the small to mid-sized law firm space.
In 2019 Wendy published her first book, “Path to Impact: The Rising Leader’s Guide to Growing Smart”, an easy to follow guide for early to mid-career professionals to help them be more impactful in their professional and personal lives.