Purpose and profit: Can partners strike the right balance?

How can law firm partners, in practices big and small, lead on psychological and psychosocial hazards when remuneration structures revolve around profit generation? Andrew Douglas has ideas for how such workplace leaders can meaningfully dedicate themselves to making a difference for their staff rather than simply relying on slogans.

Robyn Tongol • 07 June 2024 • Podcast

In this episode of The Lawyers Weekly Show, host Jerome Doraisamy welcomes back FCW managing principal Andrew Douglas to discuss his concerns about partner capacity to lead on wellness issues given remuneration structures and frameworks, how his firm has attempted to foster and embed a new culture and environment, and whether legal workplaces are incompatible with optimal wellness given the focus on profit.

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Douglas also delves into what he has learnt about the role of a law firm leader like himself, making time rather than finding time to manage staff needs, navigating such needs in a post-pandemic world, better aligning purpose with profit (and everything in between), firm leaders’ scepticism to make necessary changes, and the practical steps that fellow managing partners must take.

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