Law Firm Transitions
Why Smart Lawyers Get Counsel for Law Firm Departures
Odds are that most lawyers will decide to change law firms at least once during their career. However, surprisingly, many who embark upon this major life transition fail to seek legal counsel as part of that process. Why?
Managing Partner Departures So They Are Not Bad for Business
The effects of partner departures are rarely positive. But even if the right partners leave, partner departures can be bad for business. And while partner departures can present great risks for the firm—they can also present great opportunities—if you are prepared.
Creating Successful Outcomes for Lateral Partner Transitions
Partner departures and lateral moves can create winning scenarios for both the partners and the firms. But taking a disciplined approach to projecting the performance of any practice is the key to avoiding potential unpleasant surprises for both sides.
Your Law Firm Culture Should Protect the Firm from Partner Departures
It is critically important to respond to partner departures in the right way. But like any risk management analysis, it is not enough to put protections in place to react. To manage the firm properly, you also must analyze whether the firm's culture is aligned with the goal of retaining talented partners in the first place.
Why Your Law Firm Needs a Lawyer
Law firms are full of lawyers, so why would a firm full of lawyers need its own counsel? Lots of reasons, it turns out.