Category: Law Firms

Young Lawyers are Leading Change in the Law Practice, Like it or Not

Young Lawyers are Leading Change in the Law Practice, Like it or Not

Change is coming one way or another. That was the conclusion of a recent report from Major, Lindsey, and Africa, a leading attorney search firm, in which they detailed their findings after surveying over 1,200 millennial attorneys. And while their survey was exclusively focused on law firms and the people they employ, we’ve noticed similarities about our clients inside law as well as those we work with across all kinds of industries.

There are three things we’ve deduced from the survey as being absolutely critical for employers to understand: 1) Work-Life Balance Rules 2) Lack of Authenticity and Transparency is a Non-Starter 3) Career Pathing is Your Duty

Just look at these results:

-Less than 30% of respondents described their firms as being very transparent about an associate’s career path.  Yet more than 80% of respondents still described transparency surrounding their individual career paths as being important to crucial to them.

-Only 20% of respondents classified themselves as being highly loyal to their firms. And of those, 54% still said they were not open to new job opportunities. It seems these things go hand in hand!

-When evaluating prospective employers, respondents cited these three factors as being most important in their decision: the employer’s commitment to fostering work-life balance, compensation, and professional development.

-If a respondent was open to new job opportunities, it’s usually because they were seeking better compensation, looking for a change in management or company culture, or wanted more work-life balance.

-More than 60% of respondents said informal mentorship has had a significant or crucial effect on their career. And almost 30% indicated that formal mentorship was irrelevant.

(Click here to read the full survey)

Did any of those results surprise you? They surprised ME and I do this for a living!

Like it or not, change is coming to your organization. So the question is: are you ready?

We’re going to break down how you can prepare your company to meet the needs of the worker of the future so that your organization can survive and thrive. After all, a company is only as good as its people. And if you can’t figure out how to give your best people what they want, they’ll find someone else who can – like your competition!

WORK-LIFE BALANCE RULES

We’ve been fighting to achieve work-life balance SINCE THE BEGINNING OF WORK.

Can we actually achieve work life balance or is it a myth?  And what the heck does work-life balance even mean? Because it’s different for every single employee.

One hack is to turn your organization upside down and ask each employee what work-life balance means to them. Understanding what your audience wants, a novel concept. Does it mean coming in early so they can leave early? Does it mean working from home a few days a week? Or does it mean not working a weekend, ever. Whatever it is, you’ve got to figure out what your employees need from you and then figure out how you can deliver it in a way that still serves your business goals.

There, now you have a system to find a way to help your employees achieve the work-life balance they crave. Remember, it goes both ways. You can give employees the better balance they want, in a way that meets your expectations.

LACK OF AUTHENTICITY AND TRANSPARENCY IS A NON-STARTER

Ah, transparency. Seems everybody and their brother wants the people, the government and the companies in their lives to be more transparent.  Science and data demonstrate people want the truth, as in can you be trusted.

So, you need to figure out how to be really real with your employees. And not just raw and authentic when it suits you – it needs to be baked into your company culture.  So entwined with the day-to-day operations that it is embedded in your culture.

How do you get there?

Friggin connect with your employees. Learn their story, find out what they want out of their job and their life, and understand what really matters to them. If you can achieve that you will create Trust.  Having a culture of trust and transparency and communication is what creates results.  See The Speed of Trust by Stephen M. R. Covey:  (Strategy x Execution) Trust  =RESULTS . And not just any results, exponential results!

CAREER PATHING IS YOUR DUTY

In a world of on-demand learning, is it really any surprise that formal and forced mentorship is on the decline? We all want to learn at our own pace, on our own schedule, and with who we trust – which just doesn’t gel with a rigid mentorship structure.

Which isn’t to say that formal mentors themselves are out. We just want advice delivered in a more informal, of-the-moment way. So rather than formally defining our relationships with our employees in the workplace or relegating their career development to some far-off date on your calendar, practice delivering real-deal, authentic feedback. That means correcting the behavior when it happens, not during their annual review. It means taking time out of your busy schedule to commend an employee on a job well done – even when you’re so busy you can’t think straight.

We have to find a way to build more mentorship and professional development into the day-to-day culture of the workplace. And while you may be rolling your eyes and thinking, “Sure Dan, I’ll be sure to add that to my never-ending to-do list” the truth is, it’s critical you get this right. Employees who are listened to, supported in their role, given the tools to succeed, and encouraged to bring new ideas to the table do better work and STAY! It’s that simple.

Here’s the bottom line: if you want to survive in the years to come, you’ve got to figure out how to create and deliver:

1.  Work Life Balance

2.  Authenticity and Transparency

3. Career Pathing

It’s the only way.

Need help figuring out how to give your employees what they want in a way that still serves your company? Reach out to us for coaching – we’ll equip you with the tools you need to succeed! Click here to sign up for your free coaching session.

Reverse Mentorship Is the Key to Success for Millennials and Their Law Firms

reverse mentorship for law firms

For years, attorneys have used traditional approaches to mentorship. The familiar, apprentice-type relationships where experienced, tenured lawyers provide advice to the new lawyers in their firm.

Reverse Mentorship Is the Key to Success for Millennials and Their Law FirmsWhile mentorship programs are common in most firms, technology, an evolution of social norms, and the economy have changed the world and millennials comprise a new generation of lawyers that want something more, and they are willing to work for it. Millennials want to be heard and should be heard to enhance succession planning and firm sustainability.

Firms have good reason to listen to what millennials want. Millennials are the largest cohort of the workforce. In today’s world, millennials’ perspective, approach, and relevance are sorely needed for future law firm growth. However, millennials are also leaving the professional industries faster than ever before. Many firms already know they need to change how they conduct management and mentorship to help attract and retain millennial talent. They just don’t know how to ensure the next generation of law firms and law firm leaders can successfully emerge.

Enter reverse mentorship! Reverse mentorship is a concept that provides millennials and more experienced lawyers the platform to teach one another about the business and practice, and also to share new ideas openly. Through reverse mentoring, millennials can thrive and contribute in ways that will launch their careers like never before while still learning valuable lessons from the more experienced members of an organization. Intrigued? Not sure where to start? No worries—we got ya covered!

Understand the Millennial Myth

Young lawyers who want to bring reverse mentorship to their firms should first understand how senior lawyers may perceive them, and they should learn to articulate their value to the organization.

The nature of employment, motivation, and service are completely different from when senior lawyers came up through the ranks. That difference, however, has unfortunately painted the whole millennial generation with negative stereotypes, such as being whiny, lazy, entitled, and unprofessional. The truth about millennials is that they are misunderstood.

Their whining? That comes from a desire for their work to be meaningful. Lazy? Only if you can be lazy and also be one of the most entrepreneurial generations in history. Entitled? More like burdened with college loans, super smart, questioning, and committed to authenticity. Unprofessional? Again, is being different unprofessional? It’s thanks to millennials that many companies now promote work-life balance, require an innovative and transparent approach to problem-solving, and are integrating new technologies.

Opportunities to learn and share ideas across generations quickly bust generational stereotypes. Through open communication, what was once misinterpreted as just a “whiny millennial” can be understood as the voice of someone who wants to contribute in a significant way to the success of the company. What was once seen as “unprofessional” is quickly understood as a new way to achieve better work-life balance.

Millennials want to contribute, help, learn, and grow in an organization. As a profession, we need to ensure that senior lawyers are aware of how much millennials can contribute to the future of the legal profession. Reverse mentorship can achieve this goal.

Discover How Reverse Mentoring Will Bridge the Generational Gap

As the world continues to rapidly change, law firms need to ensure that they remain relevant and have a solid succession plan. Business leaders who are out of touch with younger generations can wreak havoc on a company. Being in touch with the next generation’s likes, dislikes, thoughts, needs, and values is part of a winning strategy to retain millennial attorney talent, and also to attract them as clients.

The truth is, to stay ahead of the game, law firms need millennials’ help in planning for the future.

There’s no better teacher than experience. Just in the same way that a senior partner can pass down lessons learned over the years, young lawyers know social media inside and out as we practically grew up with a screen in our hands. If the goal of mentoring is to pass on your experience to others, no one has more experience with social media than us. In many respects, we can help our firms achieve our goals more quickly, efficiently, and intuitively. You just have to trust us.

—Ethan Wall, President / The Social Media Law Firm

Reverse mentoring programs can also benefit bar associations. The Marin County Bar Association was recently awarded an American Bar Association Young Lawyers Division Affiliate Star of the Quarter for its mentorship program that featured a reverse mentoring component. When asked about the inception of the program, then President Dorothy Chou Proudfoot, who initiated the project with the Barristers and Diversity Committee chairs, said:

I was looking for a way to tweak our own somewhat lapsed mentorship program to attract good mentors to participate. In 2017, at the first Barrister’s Happy Hour of the year, we had a great discussion with the Barristers in attendance about how organizations and individuals could promote and enhance the budding careers of Barristers and encourage involvement through opportunities such as featuring them as speakers, and the idea basically took off from there.

As is often in life, the simplest solution to cracking the scary millennial code is the most effective strategy: communication. Senior lawyers can use reverse mentorship to sit down and have real, honest conversations with their young talent to learn how their business, both internal and external, can better appeal to and serve millennials. Reverse mentoring provides the best opportunity for everyone in a firm to feel valued and respected.

Get Tools to Create a Reverse Mentorship Environment

So, you’ve decided you want to try to implement reverse mentoring in your organization. How do you get it done? You need a thoughtful plan that involves building key relationships with people who can make reverse mentoring a reality in your organization. Here are a few steps to help you get started.

Create Mindset. To create a positive mindset that will be open to reverse mentoring, you must start with an honest self-assessment. The best way to become confident in connecting and building relationships is to truly understand who you are and how you add value. Not sure where to start? See if your organization offers any self-assessment tools or trainings, or check out the Myers-Briggs Type Indicator (MBTI) or the Clifton Strengths assessment.

Communicate Authentically. Once you understand yourself and have a mindset of helping others, you’re ready to start connecting and building relationships with decision-makers. Identify a senior lawyer in your firm to be your mentor and schedule time with that person by suggesting coffee, drinks, or lunch. This is a great way to start an informal discussion on the work you’re doing, how you’re accomplishing it, what difficulties you’re facing, and how those challenges can be overcome to better serve the organization.

Keep Building the Relationship. Make sure you are always focused on building relationships. One effective strategy for strengthening relationships and building trust is to ask questions such as:

  • How can I help you finish this project?
  • Was the work I did on X helpful in finishing the assignment?
  • Was there anything I could have done to make this project easier for you?
  • Do I have your permission to share an idea I have for improving X?

Be direct, but thoughtful. As you begin to have these newly framed conversations with your mentor, you’ll begin to see common themes or challenges come up and either learn how your mentor overcame a similar obstacle, or use it as an opportunity to brainstorm new ways to tackle it. It’s a great opportunity to build positive and productive interactions between generations.

Now that you have done your prep work, you’re ready to pitch a reverse mentorship program. When you’re approaching the idea of a reverse mentorship to your mentor, remember the Platinum Rule: Treat others how they want to be treated. Make the conversation about them and the organization and not about you. Share your vision of how reverse mentorship will be an effective tool for sharing ideas, identifying more efficiencies, and opening up communication to help everyone in the firm. Come prepared with a thoughtful proposal that will help get your mentor onboard with the idea. Remember that everyone at the firm is busy and free time is a luxury, so make sure to provide the best value in the shortest amount of time.

When making a pitch, we suggest coming up with both formal and informal methods for developing a reverse mentorship program. You could consider enlisting the help of an experienced organization or come up with your own less formal ideas for starting a reverse mentorship. No matter what approach you decide to implement, reverse mentorship benefits everyone and can provide a treasure trove of unique insights that might otherwise go unheard.

Who could argue with that?


by Dan Negroni and Joann Grages Burnett
Originally appeared: American Bar Association

5 Steps for You to Help Manage Law Firm Culture and Create a Succession Plan

5 STEPS FOR YOU TO HELP MANAGE LAW FIRM CULTURE AND CREATE A SUCCESSION PLAN

After an amazing 4-city tour of the East Coast Association of Legal Administrators (ALA) Chapters and enjoying great people, great conversation, and great debate, I got to thinking…  What was the number one challenge that affected all these amazing and caring law firm administrators?

Well, it didn’t take long to see a pattern. Very quickly, I saw the challenges these administrators have to balance. On one side, the administrators have their partners coming to them asking (1) how do I deal with whiny millennials, how do I not repeat the same instruction over and over again, how can I teach people that don’t seem to care, and how do I teach motivation and work ethic; while on the other side the millennials see their administrators struggles and ask (2)  how do I explain to senior partners the world is different,  we are more than individual contributors, no you cannot keep your own assistant on a 1 to 1 ratio, and yes you need to shift your mindset too.

What I learned is that all of these great minds desire the same thing, a positive change to create a better place to work (culture), increase engagement, and be provided with respect and assistance to create a great firm capable of achieving so much more!  And the administrators $100,0000 question… how do I create “respect” for my opinion and “buy-in” on how to connect the different generations of employees and clients? I wanted to take time to address this question and share with you the five hacks you can use to win with the boss.

BE BOLD:

Your opinion matters a lot! Mostly, you are the lifeblood of the organization and most partners rely on you more and trust you more than they do each other. You solve all of their relationship challenges internally and sometimes externally.  Be confident in that fact. They need you. The best employees respectfully challenge their bosses with great questions, alternative suggestions, and pragmatic approaches. If it’s a challenge for you to be bold, then politely ask for permission to share your opinion and share with the partners why you think it is critical for the business that they listen to your opinion. It’s possible the news is about an employee, or even worse, a client who wants to leave the firm and it’s in the best interest for the partners to hear the news from you first so they can take action before the consequences become more severe.  If they still don’t want to listen and you’ve exhausted all of your options to do so, then maybe it’s time you move on.  You’re a valuable part of the firm!  Be somewhere where you have the ability to positively impact the firm and make a difference every single day.

MAKE IT ABOUT THE MONEY:

Use the universal language, $$$$$.  Most senior managers and partners can be convinced of almost anything if it makes economic sense. Teach yourself how to speak in terms of ROI (return on investment). Be able to communicate the value of how your idea can potentially make the firm money, save it money, reduce a risk, or create a new opportunity.  Or maybe you want to get more training, learn how to better bridge the generational gap, understand different organizational models, or have more work flexibility.  If so, remember to share how your ideas affect the “dough”. You can also try to obtain metrics and statistics as support that can put a hard number to your idea to demonstrate how much money your idea will make/save by increasing retention, increasing engagement, and providing training on client service and client development. And finally, when you’re teaching your partners the need to change their perspective with different generations, refer to the ROI measures we just talked about and how the shift in mindset will provide real financial value for everyone in the firm. Happy employees = happy clients = more profitability!

PRACTICE THE PLATINUM RULE:

The platinum rule is to treat everyone the way THEY want to be treated. Senior Partners need to understand that the world is different and that the next generation wants different things. And that’s not a good or a bad thing, it’s just different. So speak to them the way they want to be spoken to and teach the next generation how to speak to seniors the way the seniors want to be treated, and vice versa. We need to adopt the platinum rule as a society. It seems like the problem is that we treat everyone how we want to be treated, not how THEY want to be treated. Additionally, and most importantly, everyone needs to understand that this is about the others they serve, not themselves. We call that the WIFThem (What’s In It For Them?) Mindset. To build better relationships, you have to communicate in a way that is relevant to your employee or client.  If done well internally and externally, you can go back and reference rule two above and show how your opinion impacts the client and creates “mo’ money for them! By practicing the platinum rule, you can create a real legacy through everyone you touch… Are you game to try it?

BECOME THE COACH; MASTER THE QUESTION:

In society and in the workplace, especially law firms, we need to learn how to communicate better.  And here’s a big tip… We learn differently now! Technology has made information a lot more accessible but it has also given all of us the attention span of a group of gnats.  There’s a lot out there that competes for our attention.  As a result, a new methodology for learning new concepts has emerged and it’s call micro learning.  Essentially, you learn a little, put it into practice, assess, learn from the results, and repeat the process again with either a new concept or adjusting the one you just learned. We like to call it something else… Coaching! Coaching is high performance, on-demand training for on-the-spot learning. Micro learning through coaching is how we teach new concepts best at launchbox. Also, coaching can be taught to anyone and it’s equally important that coaching is applied up the corporate ladder, as well as down it.  If you can master coaching as a tool for your personal and professional life you’ll be much better off, I promise.  Teach or share a new concept with anyone, such as your kids, spouses, partners, friends, etc. and see how powerful of a tool it can be to not only improve engagement but improve relationships. In addition to teaching a concept, you must first master the power of the question. Before you can share a new concept you need to understand what it is the person you’re coaching truly needs.  If you ask great questions you will win with coaching in any direction, up, down, peer to peer. After all, it’s attorneys that make a living from asking great questions and they should be super familiar with how to do so!

BE REAL & POSITIVE:

Being real, authentic and genuine is necessary with the next generation employee and client, and quite frankly, with all of us. Truth and honesty have been underutilized in our society. If we are honest and authentic in the right way we will win!  As my Dad told me early on, “honesty that kills is still murder.”  So don’t murder, but rather show care and provide value with your words. Communication that is given with the real deal perspective of providing value will always win.  Most of all, remember the story you’re telling cannot just be about you, you have to make your audience the hero of the story.  And when possible, apply the platinum rule we talked about earlier. Also, try gratitude and humility. Any statement where you preface it with what you’re grateful for makes others hear you better. I will end with my favorite tool: positivity! I do not advocate Pollyannaish behavior but how about a good old-fashioned dose of opportunity and positivity. Anyone who is artful enough to frame communication in a way that demonstrates a growth versus a fixed mindset will always win.

With all of that said, take another look at the above tools and see if you can coach by framing issues, with permission, great question asking, and the platinum rule. You will win 100% of the time, I promise!  Teach these tools universally at your firm and ensure your culture rewards the behavior you want and not the opposite nonsense you don’t.

So go do it! Teach and train both sides how to practice these 5 rules if you want a kick ass culture.  If you need help along the way, call or text me 858-344-5811. I dare you to care that much. I want to help you create impact for you, your firm, and the practice of law.  I believe in you and I know you have the potential to make a real deal change!

Wake Up Law Firms! The Number One Perk Your Millennials Want is “Real” Mentoring

The Number One Perk Your Millennials Want is “Real” Mentoring

Some  might refer to the law industry as “traditional.” I prefer the term “antiquated.”

Stringent  hierarchies, a focus on “paying dues,”  limited career paths, and the dangling of future rewards in return for years of unfulfilling grunt work are all staples of the legal industry; all are holdovers from a bygone error that included smoking in the office and Mad Man cocktail lunches.

And in response to these outdated industry practices, Millennials are choosing to take their talents elsewhere.

The fact that Millennials are leaving  the industry is not a head scratcher. Millennials have made it clear they want to feel valued at work. They want their work to be impactful and meaningful. And they  want to feel that they are growing and learning as professionals. And law firms miss the mark on all of those career characteristics.

Luckily, it doesn’t have to be this way. Progressive firms are using mentorship programs as powerful tools to re-engage their young talent,  increase Millennial job satisfaction, and increase their retention rates of young staff.

If your firm is feeling the Millennial woes, mentorship programs may be the solution you have been looking for.

The Science is In, Real Mentorship Programs Work

Mentorship. It isn’t flashy, it isn’t trendy,  and it isn’t very Instagramable.

But it is  the most sought after workplace perk for Millennials and law firms almost universally do not offer it.

Reflect on your own workplace for a second: how often do you have scheduled time for associates to work with, learn from, and be mentored by partners?

Likely, not often, if at all.

Forget about the clickbait headlines you have read about Millennials. The truth is Millennials crave interaction with senior staff. They are eager to learn. They want to feel they are directly contributing and playing an important role in the firm’s success. And they want to develop their professional skills.

Mentorship programs fulfill all of these needs. Firms that use mentorship and coaching programs find that their Millennials have “…better retention, increased job satisfaction, fewer mistakes, and more rapid acculturation…” when they participate in these programs.

These programs are known by many names — development Initiatives and advisor programs being two — and there are a variety of ways they can be structured. But they all aim to connect young talent with senior staff in a structured way that allows all generations to ask questions, transfer knowledge, and improve each other as professionals

So what do these programs look like in action? Below are a few ways firms are integrating mentorship in their workplace culture.

Traditional Mentoring

Traditional mentoring is essentially the apprenticeship model that has been used throughout human history.

Young talent at your firm is teamed up with senior staff to work on projects together and allow the mentee to see how work at higher levels is done.

Your young talent sees firsthand how a senior partner thinks and problem solves, they experience the daily challenges a partner faces, how partners grow the business, the way they deal with clients, and they work on projects that are more substantial than the ones an associate may be tasked to do on their own.

These programs are simple in theory, but execution can be challenging for those who have never created an effective mentorship program before. Busy schedules make it difficult for participants to stick with the program. Consistently tracking and measuring progress can be difficult without proper tools and procedures in place.  And without any way for the program to gain real traction, results often end up disappointing or nonexistent.

At launchbox, we know these challenges well, allowing us to design programs that specifically avoid these shortfalls from the start. Making sure both parties understand program expectations, setting aside formally scheduled times for the program, and helping to fully-integrate the program into the workplace culture have yielded powerful results for our clients.

Mentoring Networks

Mentoring networks are version 2.0 of traditional mentoring.

To create a mentorship network, you take the traditional 1-on-1 mentorship model and expand it to a diverse network of peers and mentors that a single associate can reach out to. An ecosystem is created that is integrated into the culture of the firm where associates have a network of contacts that they can contact for advice, support, and guidance.

Platforms like LinkedIn, Google Groups, and Slack have made these networks exponentially more powerful. Facilitated by program leaders, mentees can form important professional networks with senior partners across a single firm or industry at large, regardless of their physical locations and increasingly less dependent on time availability.

Studies show that adding additional mentors increases the benefits young talents reap from mentorship. With multiple mentors, mentees experience greater career satisfaction, higher retention rates, and far greater career prospects than those placed in a traditional mentorship model. They also receive more well-rounded mentorship, including both “psychosocial” and career support from multiple perspectives.

The problem for most firms is that executing these ecosystems is difficult.

Mentoring programs span an entire network of people, increasing their complexity and requiring full integration in your firm’s company culture.

At launchbox, we have seen the difficulties firms face that come to us with a mentoring network program they have implemented  on their own without the right infrastructure in place. The results are underwhelming.

But firms whose programs we have helped design and execute have seen the power programs like mentoring networks have not just for their young talent, but their senior staff as well.

Reverse Mentorship  Programs

Thanks in part to the constant headlines about Millennials being ill-prepared, self-entitled, and whiny, you wouldn’t think that a Millennial associate would have much to offer an experienced partner.

But they do. If partners are willing to listen.

Reverse mentorship programs flip the traditional model of mentorship on its head. Associates are given the opportunity to teach and mentor partners in the latest theories in law, cutting edge digital tools, and platforms to help improve client and staff experiences alike, and generally catch them up on the last 20 years.

And more often than not, partners enjoy these opportunities as much as their younger colleagues. They get a real kick out of connecting with younger talent in the firm and learning how younger generations approach their work.

To see the potential impact a reverse mentorship can have on a firm, look no further than Marin County Bar Association Barristers “Reverse Mentoring” program that was recently awarded an Affiliate Star of the Quarter. It is a perfect example of a program that was well thought out, structured, and executed.

Whether or not they want to admit it, law firms are at a fork in the road. Down one path, firms maintain the status quo and watch as young, energetic, highly educated talent continues to walk out of the door.

Firms need to join progressive industries like technology and begin to listen to the wants and needs of the younger generation.

The old way is easier, but leaves the future of the profession less certain. Embracing a new approach to mentorship takes thought and effort, but leaves hope for the industry to evolve and survive.

It is now up individual firms and industry leaders to decide which route to take.

Interested in implementing one of the programs mentioned above? Contact us at 858.314.9867 or info@launchbox365.com.

Dan Talks with Lawpreneur Radio

Lawpreneur Radio

Listen to launchbox’s founder, Dan Negroni’s interview with Lawpreneur radio.

A few highlights from the podcast:

Fail fast to succeed faster

– Dan thinks that failure is always good because we can learn from it.
– Listen as Dan shares that his biggest failures came from not listening to his gut rather listening to the people and experience that he has attracted.

Tell us something good

– Dan tells us that he experiences success everyday at Launchbox. He receives text messages daily from clients sharing their successes with him.
– Dan says that his greatest success are his marriage and his kids.

How do you support a Lawpreneur?

The name Launchbox comes from its two parts:
– Launch – to spark, to ignite, to jump or take action
– Box – the toolbox that you create from your experiences and your network

Launchbox is all about bridging the gap between the generations:
– They teach millenials real world skills that they can use to succeed professionally and personally
– They teach older managers how to work with and relate to millenials to lead both groups to success.