June 20, 2012

Ingram's, June 2012

Prosperity Has a Value All Its Own

by Dennis Boone

The shareholders of Polsinelli Shughart, a Top 100 U.S. law firm by lawyer count, know a prosperous arrangement when they see it. The firm’s forerunner had 90 attorneys and four offices in 1998; today, it has more than 600 lawyers in 16 offices nationwide. And that growth came after shareholders voted Russ Welsh into the role of chairman and CEO of the firm. That’s one reason why they voted him to a fourth term in 2010.

Funny how that kind of outcome seems to follow people with a cast-iron work ethic. “I have worked since I was 10 years old, either in part-time or full time jobs,” he said. “My mother is 86 years old. She has her own business and works six days a week.”

“I am fortunate,” he says in a bit of lawyerly understatement, “to have been raised in a family with a very strong work ethic.” 

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