transcript   Transcript

Succession Planning for Law Firms

Recorded on: Oct. 3, 2016
Running Time: 01:02:58

Full Transcript:

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Taken from the briefing Succession Planning for Law Firms recorded September, 2016 in New York.

As law firms grapple with ways to build client loyalty and ensure seamless client service, grow essential practice areas and the expertise necessary to support them, and implement their strategic growth plans, succession planning is a critical tool to ensure success.

However, many law firms have not looked critically at succession planning or how it might link to the overall strategic plan. Partners who may be moving quickly toward retirement may not have a viable “heir-apparent” within the firm.

Andi Cullins and Stephen Nelson of The McCormick Group, Inc., a national executive search and consulting firm will present some guidance and tools to help firms implement succession planning strategies.

Lecture Topics  [01:02:58]

The discussion will include:

  • Tying succession planning to the strategic plan
  • Assessing current practice areas by lawyer level and seniority
  • Identifying high potential lawyers within the firm
  • Assessing growth opportunities for current younger lawyers
  • Developing a recruiting protocol

Presentation Material

  • Succession Planning for Law Firms
    Andi Cullins, Stephen Nelson
Andi Cullins ~ The McCormick Group, Inc.
Stephen Nelson ~ The McCormick Group, Inc.
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