Editor's letter: What it takes

The 1983 song “She works hard for the money” ends each chorus with “so you better treat her right”. Sadly, working hard isn’t enough anymore to earn respect – in any industry. For managing partners, the role now requires more than it ever did before.

This issue looks at what it takes to be a successful managing partner. You can explore how to assess where you stand as a leader, who you want to become and how to get there. You can also find out from industry experts how to get the business in shape, the finances on track and the partners on board with new strategies.

If you’re a new managing partner, there are also articles on how to get a good start in the role and which new tools could transform your firm.

There’s a lot to think about, but also a lot of practical guidance to help break down the fear of the unknown.

All the best,

Manju Manglani, Editor

mmanglani@wilmington.co.uk