Law Firm Succession:

Law Firm Succession Planning: A Guide - Clio

What is law firm succession planning? Law firm succession planning for solo and small law firms is a business strategy that involves developing a formal process ...

Succession Planning - American Bar Association

Succession planning is essential to every lawyer's practice, proactively protecting clients and colleagues in the event of the lawyer's disability or death.

Practice Innovations: Using succession planning to ensure your law ...

A succession plan identifies which attorneys will assume responsibility for which client relationships once a more senior attorney decides to retire.

Succession Planning for Solo and Small Firms and Rewards for ...

The solo can merge with another solo or with a small law firm. This type of arrangement usually involves a two or three year exit strategy. Often the retiring ...

How Some Law Firms Are Reimagining Succession Planning

Some are reevaluating policies on compensation and origination credit—a form of compensation awarded for bringing a new client to a firm. Others ...

Solving the Law Firm Succession Puzzle Through Compensation ...

Many law firm succession plans share a common sticking point: client origination credit. A tool for rewarding rainmaking activity is important for a firm's ...

Basic Guide to Law Firm Succession Planning - Citrin Cooperman

Read this article to learn more about why law firms need a succession plan and how to build one successfully to ensure the business's survival and ...

A Guide to Succession Planning for Solo Law Firms - Clio

A “succession plan” is the process a solo lawyer will follow when transitioning ownership of their firm or closing it down. This plan can be implemented when ...

Your Guide to Law Firm Succession Planning - Attorneys Advantage

This article discusses the ins and outs of succession planning for solo practitioners and small law firm owners, including insurance options for firm ...

Succession Planning & Practice Transitions - ARDC

A basic succession plan involves having written instructions designating another competent lawyer to temporarily assume the responsibilities of your practice.

The Art of Law Firm Succession Planning: Ensuring a Legacy and a ...

Law firm succession planning is about crafting a legacy that outlives its founders, ensuring its continued prosperity and value.

From One Leader to the Next: Law Firm Succession Planning

Succession planning in law firms involves a strategic process aimed at ensuring a smooth transition of leadership, client relations, and ...

Where to start when succession planning

By Danielle DavisRoe, Affinity Consulting Group Succession planning is all about leaving a legacy. Lawyers who built their firms from the ...

How Small Law Firms Can Tackle Succession Planning

ENACTING THE FIRM'S SUCCESSION PLAN. Rounding partners and administrators up for a retreat each year can generate great ideas about how the firm can move ...

Succession Planning for Small Law Firm Owners

Many owners wrongly assume that once you make someone a partial equity owner, the new partner automatically participates in the firm's profits based on ...

Succession Planning - ALPS Insurance

Executive Summary: Law Practice Succession Planning Guide · Assembling a Team: A comprehensive succession plan should include advice from experts in law firm ...

Law Firm Succession/Exit Strategies - Olmstead and Associates

Law firm succession and exit planning is one of the hottest management challenges facing attorneys whether they are partners in a law firm, a sole owner of a ...

Succession Planning for Law Firms

Succession Planning Ensures Continuity · Client retention planning requires far more attention than many firms realize. It includes more than just identifying ...

Why Your Law Firm Needs a Succession Plan and How Legal Tech ...

A succession plan should include a compensation structure addressing how the transitioning attorney (or the attorney's estate) will be compensated going forward ...

Ready to Retire from Law Practice? Sell with a Succession Planning ...

Roy Ginsburg, JD is an attorney coach, consultant, and practicing attorney who understands the legal market and the pitfalls you're facing if you fail to plan.