Key Considerations in the Formation of a New Practice Group

Key Considerations in the Formation of a New Practice Group

Organizing a new practice group is like starting a new business.  Champions of the group should treat this opportunity in the same manner as entrepreneurs, ensuring that they evaluate all key considerations before making a proposal.  By the same token, management should act like a banker or venture capitalist, holding aspirants to high standards before allowing new groups to be formed. 

Below are some key issues that should be considered when organizing a new practice group. 

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