Succession Planning:
Ensuring Smooth Transitions for Lawyers and Their Firms
A successful succession encompasses two core elements: transitioning firm management to a new generation, and transferring client relationships.
This title provides guidance not only on how these two transitions can be achieved effectively, from the perspectives of both individual partners and the firm, but also on the plethora of issues involved in preparing for the departure of retiring partners and transitioning in new leadership, including compensation, the role of diversity and inclusion and financial considerations.
It also considers situations where more specific and specialised plans may be required, such as managing the succession of a rainmaker or when a sole practitioner sells their practice.
Authors:
Sandra J Boyer – Legus International, Hermann Knott – KUNZ Lawyers, Susan Saltonstall Duncan – RainMaking Oasis, Jaap Bosman – TGO Consulting, August J Aquila – AQUILA Global Advisors, LLC, Pam Loch – Loch Associates Group, Veronica Mann – Talis Financial Advisers, Shelley Dunstone – Legal Circles, Ronnie Fox – Fox & Partners
Publication date: Feb 2022
Price: £95.00 / $155.00
Length: 79 pages
ISBN: 9781787428393
