Succession planning is a vital component of business strategy that left undone can lead to unfortunate outcomes from client and legal talent departures to law firm failure.
I was pleased to present on succession and the planning of it at this year’s Family Law Now: Fourth Annual Summit – Live Streamed on YouTube.
“Succession Planning Done Right” provides objectives, strategies, and tactics for lawyer succession to prepare and preserve professional, personal, and client relationships.
Being the final discussion on a full day of legal education, this session starts at the 7:19:30 mark.
As you’ll see, we had fun and shared perspectives as well as how-to’s that can be scaled for practices and law firms of all sizes and scope. Most importantly, there were recommendations and calls of encouragement to act on Succession Planning, now and with speed.
That’s because when it comes to succession, it’s not how you start; it’s how you finish.
Heather Suttie is acknowledged as one of the world’s leading authorities on legal market strategy and management of legal services firms.
Since 1998, she has advised leaders of premier law firms and legal service providers — Global to Solo | BigLaw to NewLaw — on innovative growth strategies pertaining to business, markets, management, and clients. The result is creation of new value and accelerated performance achieved through a distinctive one of one legal market position and sustained competitive advantage leading to greater market share, revenue, and profits.
Heather writes on these issues at heathersuttie.ca and can be reached at heather@heathersuttie.ca