Succession Management Pillar 5 of 5: Senior Lawyer Transitions and Next Career Support

09.26.18 | Posted By: Susan Duncan
In this final post in our five-part series on succession planning, we address perhaps the most challenging aspect of the topic: managing and supporting individual senior partner transitions.  In Pillar 1, Pillar 2, Pillar 3 and Pillar 4 we discussed various components of how firms can design and manage approaches to the many facets of succession Read More

Succession Planning: The Problem and a RoadMap

07.11.18 | Posted By: Susan Duncan
  Eight adults per minute turn sixty-five and by 2020, 20% of the workforce will be 65 or older.  In law firms, the problem is exacerbated as senior rainmakers aged 60 or older often control 50% or more of the client base and key relationships, and often serve in key leadership positions.  According to studies Read More

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

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