SUCCESSION PLANNING SPECIAL ISSUE
TABLE OF CONTENTS VOL 37 NO 3 - MAY/JUNE 2011
As significant numbers of law firm partners near retirement age, firms face the daunting question of how to smoothly transition their clients and practices to the next generation. Here’s a snapshot of fundamental steps and issues to consider in charting out a practice’s transition process.
By Marcia Pennington Shannon
By Steven T. Taylor
Grooming future leaders is a high priority at Detroit’s Honigman Miller Schwartz and Cohn, and its attorney development partner, Tricia Sherick, is a case in point.
For Fred Hacker’s 16-lawyer firm, Hacker Gignac Rice, succession planning led to a major overhaul of the firm’s associate-heavy structure.
When LeClairRyan named David Freinberg as its next CEO, it was the result of a measured, step-by-step and multiyear process.
As his firm begins to grapple with the many tough issues involved, the managing partner of midsize McGuire, Wood & Bissette shares insights into the process of “planning to plan” for succession—and the five basic questions leaders need to ask.
By Tom Grella
While more firms are putting succession planning on their priority lists, many fail to see the urgency of the situation—and how the number of partners nearing retirement age may have a devastating impact on firm revenues. Here’s advice on guarding against a major hit to your bottom line.
By Stephen Mabey and Karen MacKay
Ideally, when it’s time to close your practice, your route will have been charted out well in advance. Then again, if getting away for a vacation has proved difficult, the idea of getting away for good can seem really daunting. So here are steps to help with the hows and whens of closing your office doors.
By Sheila Blackford and Peter Roberts
Insights into the employee engagement and client service strategies at work in Baker Donelson, a Fortune magazine “Top 100 Companies to Work For.”
By Linda A. Klein
A test-drive of the AVerVision 355 AF document camera.
By Nerino Petro, Jr.
Here’s how to establish a Google Places account for your firm and begin the process of optimizing for local search.
By Steve Matthews
From managing security to deploying applications throughout your office, it’s worthwhile knowing what GPOs can do.
By Sharon Nelson and John Simek
In this excerpt from their new book, the authors explore using docket databases for investigative research.
By Carole Levitt and Mark Rosch
Here’s a primer on planning a program to fill your leadership pipeline.
By Susan G. Manch
Reexamining the optimum fit for part-time choices.
By Wendy Werner
Most who succeed at business development do so because they are diligent, thoughtful and organized. It all starts with how you control your contacts.
By Sally J. Schmidt