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The Lawyer's Guide to Succession Planning: A Project Management Approach for Successful Law Firm Transitions and Exits - John W Olmstead
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Description
The Lawyer's Guide to Succession Planning: A Project Management Approach for Successful Law Firm Transitions and Exits John W Olmstead ISBN 9781634253505
Sixty-five percent of equity partners at U.S. law firms are in their late 50s or early 60s, meaning that over the next decade, many partners across firms of all sizes will be transitioning out of practice. Yet, many solo practitioners, sole-owner attorneys, and even larger law firms remain in “reactionary mode,” often unprepared for the critical process of leadership and client relationship succession. In fact, a firm’s continued success—and in some cases, survival—may hinge on addressing succession planning early and strategically.
This book provides practical guidance for firms of all sizes, with a focus on smaller firms and solo practitioners. It outlines step-by-step processes, approaches, and action plans for succession and transition, detailing what to do, what to avoid, and how to implement effective strategies. Case studies, sample action plans, succession templates, agreements, and other essential documents are included to support every stage of the process.
Additionally, the book offers downloadable resources that explore succession planning in greater depth. These worksheets and sample agreements cover everything from comprehensive action plans to specific topics such as partner transition strategies, merger agreements, and retirement readiness assessments. By combining actionable guidance with these practical examples, this book ensures a smoother, more successful path to implementing any succession plan.
The Lawyer's Guide to Succession Planning: A Project Management Approach for Successful Law Firm Transitions and Exits John W Olmstead ISBN 9781634253505, 978-1634253505 & 9781634253512
Author
John W Olmstead
Details
- ISBN
- 9781634253505
- Publisher
- American Bar Association
- Publication Date
- October 2023
Condition Guide
Every FrugalText book is graded by our receiving team before it ships. Conditions describe cosmetic state only - content is identical across tiers.
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Acceptable
Readable throughout. Expect highlighting, margin notes, and wear on cover or spine. Best price for the same page numbers.
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Good
Minor highlighting or notes. All pages intact. Cover shows light shelf wear.
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Very Good
Little to no writing. Binding tight. Looks barely used.
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Brand New
Unused and unmarked. Shrinkwrapped when available from the publisher.
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Brand New + eBook
Brand new print copy plus the publisher's eBook and supplemental digital access, where offered.
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