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

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