Jurisdiction(s):
United Kingdom

Key definition

Governance definition

What does Governance mean? Governance, in pensions practice, describes how a trustee board organises itself and exercises oversight, decision-making and control over an occupational pension scheme to meet legal and fiduciary duties. It encompasses the scheme’s structures, policies and internal controls, and how trustees delegate to and supervise advisers, administrators and asset managers, monitor performance, manage risk and record decisions. The term is descriptive rather than a defined legal term, but key governance requirements are prescribed in legislation and regulatory codes. In the UK, the Pensions Act 2004 and scheme administration/governance regulations, together with The Pensions Regulator’s General Code, require an effective system...

Law Firm Strategy Review: Consolidated Themes and Priorities from Partner, Team and Staff Feedback

Published by a LexisNexis Practice Management expert

Precedents

1 Vision/future — Group Themes: Partners — summarise per Strategy review form s1.
2 Key business challenges — Group Themes: Partners s2; Operational team leads s1; Legal teams s1; Other staff s1.
3 Culture and values — Group Themes: Partners s3.
4 Governance and management — Group Themes: Partners s5.
5 Services to clients — Group Themes: Partners s6.
6 Risk management — Group Themes: Partners s7.
7 Finance/profitability — Group Themes: Partners s8.
8 Performance management — Group Themes: Partners s9.
9 Talent/our people — Group Themes: Partners s10.
10 Information technology — Group Themes: Partners s11.
11 Succession — Group Themes: Partners s12.
12 Market trends — Group Themes: Operational team leads s4; Legal teams s4.
13 Activities and Outcomes — Group Themes: Operational team leads s5–6; Legal teams s5–6.
14 Targets, opportunities and priorities — Group Themes: Partners s13; Operational team leads s7; Legal teams s7.
15 Themes from other comments — Group Themes: Partners s14; Operational team leads s8; Legal teams s8; Other staff: include three strengths, three improvements, and any recurring themes...

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Jon Whittle

Jon Whittle Consulting Ltd

Jon is a specialist in developing legal businesses using market intelligence and customer insight to implement successful programmes for change. He works with law firms to create sustainable growth alongside successful project management, implementing new technologies and evolving business operations. Jon has been working on the future of law firms for more than fifteen years, focusing on the strategies and tactics that help firms build real and defendable competitive advantage. Whilst working in a senior leadership role at LexisNexis he was also the architect and author of the widely read LexisNexis Bellwether Reports and is a recognised authority on how law firms can build and grow. Previously, Jon worked, for two decades, at board level, in some of the UK’s largest media companies, transforming traditional businesses into growth in the digital age. He now applies the fruits of this experience,...

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