It’s no secret that there has been growing pressure surrounding law firm succession planning. Are you panicking or proactively planning? Thomson Reuters as well as the American Bar Association (ABA)’s latest reports indicate that while the urgency of succession planning for law firms is increasing, many still struggle to prioritize it due to other immediate […]
Practicing radical transparency is the best way to ensure your succession plan’s successful integration. Are you ready to lay it all out there? Yes, there are other tactical components to a successful integration including due diligence, financial structuring, client onboarding, and more. However, without a foundation of complete honesty, mutual trust, and clear communication, the […]
Bringing up succession with your team can feel uncomfortable. You’ve built trust, loyalty, and momentum and the last thing you want to do is cause confusion or concern. But here’s the truth: your team can handle it. More than that, they want clarity. When you approach succession the right way, the conversation builds trust, aligns […]
You’ve spent years building your firm. You’ve served clients, hired a team, and driven results. But here’s the truth: most law firm owners wait too long to think about succession, until they’re exhausted, someone quits, or life throws them a curveball. Succession planning isn’t about stepping away tomorrow. It’s about protecting your future, preserving your […]
You’ve spent years building something meaningful. You’ve fought for clients, grown a team, and made a name for yourself. But here’s the hard truth: if you don’t have a succession plan, your firm’s future might be entirely dependent on your presence and that’s a risk. Succession planning isn’t just about retirement. It’s about control, legacy, […]
Stephen R. Covey’s book, “The 7 Habits of Highly Effective People,” stands as one of the most influential self-help guides for professionals. These habits extend beyond personal development into the professional realm, proving especially beneficial for service providers like lawyers. By embracing these habits, lawyers can elevate their careers and enhance the services they offer […]