Have you postponed succession planning for your law firm because you are consumed with day-to-day work, or it simply seems too overwhelming? If so, you run multiple risks. Letting down and losing legal clients. Dwindling revenue streams. Your long-held vision not coming to fruition. And in the wake of the pandemic, the need to prioritize the development of a succession plan is even more pertinent.
In a recent episode of the Legal Report from Robert Half, host Jamy J. Sullivan, JD, executive director, talks with Roy Ginsburg, an expert on succession planning for law firms. Roy has helped more than 100 solo legal practitioners and small law firms across the country develop succession plans, as well as their exit strategies. Jamy and Roy discuss key considerations for law firm leaders when planning and timing retirement, including how to move past potential roadblocks.
Listen to the podcast
To learn more about the ins and outs of how to prepare a succession plan to best look out for your clients, revenue and future, listen to the podcast here.