A rising number of retiring rainmakers are threatening to leave firms high and dry if they aren’t paid for time spent breaking in the next generation of partners, according to some legal industry experts.

Many midsize (and a few larger) firms across Pennsylvania still rely on senior partners to establish and foster the majority of their firms’ client relationships. But when it comes time for a principal rainmaker to step down, how do the remaining partners prevent a drought?

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]