By Marc Rosenberg
The Rosenberg Practice Management Library
There is an intuitive notion that comes to partners that goes something like this: “Let’s all get together and form a firm that will make us all more successful than any of us could be individually. We’ll follow the principles of democracy by dividing up the management duties so that no one is overburdened. The partners will make decisions as a group, thereby avoiding vesting too much power in one person.”
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Management by committee is doomed to fail. This list refutes the excuses partners often give for favoring management by committee.