Law Firm Succession Isn't New, So Why Is It So Hard?

Law360 (May 22, 2020, 3:49 PM EDT) -- Boies Schiller Flexner LLP's succession plan has been in the making for over a decade and a half, but it wasn't until December that the litigation firm finally elected two new leaders to sit alongside founder David Boies, who is now 79.

However, as a firm that has long been associated with its name partners and the litigation achievements of Boies, passing on its legacy to the next generation has been no simple process.

Since Nicholas Gravante Jr. and Natasha Harrison were named as co-managing partners, at least 31 partners have reportedly left for other firms, including a 15-partner group that...

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