Looking for a smooth succession
Sue Bramall says law firms must learn to manage the transition process when partners retire, if they want to avoid unhappy clients
At one practice, it was the bank manager who first raised a question that had been on the minds of all but one of the partners sitting around a table: “When were you thinking of retiring?” Succession planning is a tricky subject to address and it is a forward-thinking managing partner who puts the topic on the agenda. But there are a number of long-term issues to be addressed in further detail.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651