Lexpert Magazine

July/August 2017

Lexpert magazine features articles and columns on developments in legal practice management, deals and lawsuits of interest in Canada, the law and business issues of interest to legal professionals and businesses that purchase legal services.

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LEXPERT MAGAZINE | JULY/AUGUST 2017 47 BONING UP ON BUSINESS Law firms are developing custom programs to give new lawyers the business fundamentals they need By Bev Cline Last year Leah Dickie, a senior associate in the Calgary office of Torys LLP, made a series of trips to Toronto to attend sessions at Toronto's Rotman School of Management. As part of a cohort of 20 senior associates drawn from the firm's offices, Dickie participated in the Torys-Rotman Busi- ness Leadership Program. Composed of four, two-day sessions, the program focuses on strategy, negotiation, leadership and communication skills. Dickie found the intensive business sessions im- mensely rewarding "in terms of how legal skills, to- gether with business knowledge, can assist our clients in achieving their business strategies." In addition, the sessions further focused her thoughts "about Torys as a business and the ways we need to adapt and evolve to meet our clients' needs." e MBA-style sessions require significant associate hours away from the office, along with a commitment of financial and internal resources on the part of Torys. Cornell Wright, an M&A partner who helps adminis- ter the program and worked, along with Rotman pro- fessionals, to custom-design the curriculum, says this is time and money well spent. "Not only do associates gain a greater sense of the business aspects of the practice of law, they return to their practices newly energized." Start Business Education Early According to Lorne Sossin, Dean of Osgoode Hall Law School, "ere is no more valuable experience for a law student than seeing how strategic legal advice can help a great business grow." For example, he says, "Osgoode Hall Law School has teamed up with Toronto-based Wildeboer Dellelce LLP to launch the Osgoode Ven- ture Capital Clinical Project. is partnership enables STUDENT RECRUITMENT SPECIAL PHOTO: SHUTTERSTOCK

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