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Eyes on the Next Generation—Creating a Succession Plan That Fits Your Firm

06.10.19 | The Mid-Market Report

During the life cycle of a law firm, there will be a time when it will be faced with the issue of succession planning. A tectonic generational shift within the leadership of law firms is underway. With the Baby Boomer generation on the cusp of retirement, firms are faced with a wave of Gen X and millennial lawyers entering the ranks of partner and law firm management. As elsewhere in business—and in life—transitions can be rocky. However, law firm succession does not have to be if you have the right plan in place to face the inevitable…

This article originally appeared in The Mid-Market Report.