Law Firm Succession Planning

What best practices in the accounting profession can teach small law firms about "passing the torch" A recent article in the Journal of Accountancy offers timely succession planning insights for certified public accountants, which are equally relevant for attorneys who own their own practices...

Law Firm Succession Planning

A recent article in the Journal of Accountancy offers timely succession planning insights for certified public accountants, which are equally relevant for attorneys who own their own practices. In "A 2009 Tuneup for Your Firm's Succession Planning", Dominic Cingoranelli writes: "The...

When It’s Too Late for Succession Planning

Business succession and generational transition are no longer just theoretical issues or problems to be deferred until sometime in the future. By our estimates, a majority of the law firms in the world - perhaps as many as 75% of them - are now or within the next ten years will be, confronting the need...

Managing Partners -- who is your successor?

KPMG's Audit Committee Insights for July 14, 2010 featured a Corporate Board Member article about CEO succession planning. A new research study of 140 public and private CEOs and boards in North America released by Heidrick & Struggles and Stanford's Rock Center revealed serious planning...