Succession Planning: A Blinding Flash of the Obvious
Presented by Michael Moore of Moore's Law, www.moores-law.com
A recent study by Altman Weil highlighted how current demographics in most law firms, regardless of size, now make succession planning a critical issue. The potential negative revenue impact from the loss of key partners and clients can be very significant. This program will help law firm administrators and management teams develop methods for addressing this matter. Every law firm needs specific strategies to transfer knowledge to the young lawyers who are the future of the firm. This includes key client relationships, the core values of the firm's culture, and important economic details about the firm. Every law firm's revenue stream is at risk from increased competition and the firms who prepare for succession now can create a competitive advantage. The discussion will also review specific implementation issues based on examples from real world case studies at law firms of various sizes.
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