Succession Planning for Firm Leaders

02.01.17 | Posted By: Susan Duncan
This article was written by Tory Ruttenberg, who is a RainMaking Oasis Affiliate Consultant and President of Ruttenberg Consulting, LLC and was originally published in PD Quarterly magazine.  It is reprinted here with permission from both. Due to the unique nature of law firms, succession planning can be more difficult for them than for other Read More
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The Succession Management Continuum: Where is Your Law Firm?

10.04.16 | Posted By: Susan Duncan
Recent surveys show that less than a third of law firms have a formal retirement or succession planning process in place.  Those that have one tend to focus more on retirement age and phase-down compensation approaches usually with a focus only on a few partners expected to retire within two to five years.  A much Read More
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Succession Part 2: Transitioning to Tomorrow’s Leaders

08.06.13 | Posted By: Susan Duncan
As noted in our previous post Succession Part 1: Holding onto Clients When Senior Rainmakers Retire, over the next ten years over 65% of baby-boomer, equity partners are expected to retire. (Since we focused on Transitioning Clients in that post, we will not address it again in this one.) Many of these partners likely also are Read More
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Succession Part 1: Holding onto Clients When Senior Rainmakers Retire

07.28.13 | Posted By: Susan Duncan
As if law firms don’t have enough to worry about in this era of more discerning and demanding clients, pressures on rates and profitability and more stringent competition, it is estimated that over the next ten years sixty-five percent of baby boomer equity partners will retire. While some firms are using early retirement and de-equitization Read More
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