“The legal sector has been among the fastest to race back to the office this year. Amid a rise in vaccinations, occupancy rates for law firms are back up to 56%, compared with 34% of sectors nationwide, according to data from Kastle Systems. Yet the industry is facing an unlikely revolt. Many associates have grown accustomed to working from home. They say they've been just as productive, if not more so, claimed back time for themselves and their families, and want to choose how they work.” Chen,T (2021) Covid-19 Threatens to Blow Up Law Firms' Intense Office Culture -- for Good Dow Jones Institutional News New York Following the Covid-19 pandemic, many firms have transitioned into using a hybrid work model, allowing their employees to split time between working from home and working in the office. In the long run, the share of employees working from home is expected to settle at around 15% as compared to 2% before the pandemic. Required: What are the potential effects of working from home on a firm’s corporate culture? Would working from home diminish the importance/relevance of a firm’s culture to its financial performance? What types of corporate culture would you expect corporate leaders to foster in the post-pandemic world? Discuss.
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“The legal sector has been among the fastest to race back to the office this year. Amid a rise in vaccinations, occupancy rates for law firms are back up to 56%, compared with 34% of sectors nationwide, according to data from Kastle Systems. Yet the industry is facing an unlikely revolt. Many associates have grown accustomed to working from home. They say they've been just as productive, if not more so, claimed back time for themselves and their families, and want to choose how they work.” Chen,T (2021) Covid-19 Threatens to Blow Up Law Firms' Intense Office Culture -- for Good Dow Jones Institutional News New York |
Following the Covid-19 pandemic, many firms have transitioned into using a hybrid work model, allowing their employees to split time between working from home and working in the office. In the long run, the share of employees working from home is expected to settle at around 15% as compared to 2% before the pandemic.
Required:
What are the potential effects of working from home on a firm’s corporate culture? Would working from home diminish the importance/relevance of a firm’s culture to its financial performance? What types of corporate culture would you expect corporate leaders to foster in the post-pandemic world? Discuss.
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