Let me ask you three questions about your firm. But before you and others in your firm answer, let’s set some ground rules. One is that the answer to each question, in writing, can be no longer than a paragraph. Two, once you have composed your answers, please sleep on it, and see if you want to make any changes. Most importantly, think in terms of the big “firm” picture when answering the following three questions.

1. What does the compensation system, including partners’ buyouts, encourage and promote? 2. What are the short-term and long-term strategic goals of the firm and how are they interwoven into its operation, including accountability? 3. Describe the perceived firm culture both in terms of firm members and clients?

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