Are lawyers the next market for law firms and their ancillary businesses? Given that two businesses devoted to training lawyers have popped up in less than a month, it makes you wonder.
This week a group of consultants, led by Ellen Freedman of Freedman Consulting, established the Managing Partner Development Institute, which will provide strategic and tactical support to managing partners at small and midsized law firms in Pennsylvania, New Jersey, Delaware and Maryland.
Last week Schnader Harrison Segal & Lewis established the Bernard G. Segal Institute for Appellate Advocacy.
With 65 percent of attorneys in Pennsylvania belonging to midsized, small or solo firms, Freedman said there was a need to provide educational support to address their needs.
“We’ll provide benchmarking surveys that are particularly applicable for smaller firms, podcasts, white papers, and technology items I can’t reveal yet,” Freedman said.
The institute will hold a one-and-a-half-day conference for current and future managing partners starting June 1. Registration is $950 for an individual, though Freedman said discounts would be available for firms sending multiple people.
Conference topics will include strategic planning, marketing, finance management and leadership, among other things. The goal is for the managing partners to come away with a strategic plan, Freedman said.
The other consultants working with Freedman on the venture are Mary Beth Pratt of MBPratt Consulting; Daniel J. Siegel, founder of Integrated Technology Services; and David Sorin of Management Mpowerment Associates.
-- Stephanie Lovett, Staff Reporter