Passing the torch is a challenge at any firm, but especially at smaller shops, where partners can't always invest much time in management training. Until recently, the leaders at 30-lawyer Greene Radovsky Maloney & Share felt little pressure to plan ahead -- but new managing partner James Fotenos is helping to shape the firm for the next generation. Consultants say the lack of such a second wave of leadership is a big reason why some law firms don't outlive their founders.
April 17, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
James Fotenos knows he is playing a young people’s game.
All the leaders at Greene Radovsky Maloney & Share are — but the firm’s founders and senior partners are well into their 50s and 60s. Though they say they have no intention of slowing down any time soon, they have come to the realization that hits every founder firm: If they are to pass their legacy on, they will have to make sure they have the horses to pull the carriage.
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