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Browsing the 'succession planning' tag

Life in the Law

The Two Most Important Lessons Learned from 25 Years in the Law

Wednesday, June 24th, 2020

I turned 55 this week. That still looks like a typo. And reaching this milestone – if it is one – reminded me of where I was 25 years ago. […]

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The Role of Business Valuation in Law Firm Succession Planning

Wednesday, June 10th, 2020

When owners look to pass their business into new hands, potential buyers focus on identifying future revenues, and the role of the existing firm in transitioning clients plays a major […]

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Fishes in group leadership concept.

COVID-19 Will Hasten the Decline of Small Law Firms

Wednesday, May 27th, 2020

Everyone knows that “small businesses are the backbone of the U.S. economy.” This notion is so widespread that it obscures what has actually been happening over the last two decades. […]

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succeeding planning in the age of Coronavirus

Succession Planning in the Age of Coronavirus

Thursday, April 9th, 2020

The increased importance of succession planning that preceded the onset of coronavirus may only ramp up as a result of the pandemic. The difficulties of running a law firm or […]

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vector illustration of older business people passing batons to the younger generation

How to Talk to Your Law Firm Partners About Succession Planning

Wednesday, January 8th, 2020

This decade will see an unprecedented increase in the inter-generational transfer of law firm ownership. This a demographic reality that is directly tied to the aging population of law firm […]

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