How Partner Compensation Affects Strategy in Professional Services Firms The way the partners are rewarded in professional services firms can have a dramatic effect on the development and, more importantly,…
What is a Practice Group in Professional Services? A practice group is a group or team within a firm that specialises in a particular area of service activity and will…
Practice and Sector Focused Strategies In Professional Service Firms In our article “The Unique Challenges of Developing Strategic Plans for Professional Partnerships” we looked at how the structure of partnerships…
Creating a More Effective Corporate Structure for Professional Partnerships In our article entitled “Unique Challenges of Developing Strategic Plans for Professional Partnerships” we discussed the difficulties that they way that…
The Unique Challenges of Creating Strategic Plans for Professional Partnerships The way in which Partnerships in the Professional Services Sector are structured creates unique challenges when it comes to creating…
What is a Professional Services Firm? Professional services firms are knowledge intensive organisations that provide expert service to clients. Examples of professional services firms include Accountants, Architects, Management Consultants, Lawyers, etc. There are…