5 Tips For Pulling Off A Law Firm Succession Plan

Law360, New York (February 22, 2013, 7:04 PM EST) -- With baby boomer lawyers beginning to wind down their legal careers, the industry faces unprecedented change in leadership for which it is ill-prepared, law firm succession experts say. But that doesn't mean firms can't take steps now to face the inevitable.

According to a recent report from legal consultant Altman Weil, as many as 40 percent of actively practicing attorneys are at an age where they’re beginning to retire or are thinking of doing so. At the same time, nearly half of firm leaders surveyed last year...
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