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Ethics/Professional Responsibility

Feb. 28, 2015

Handing over the reins to a practice

A lack of succession planning carries with it enormous risk for the law practice and can deprive attorneys the assurance of a legacy that extends well beyond their careers. By J. Randolph Evans, Shari Klevens and Suzanne Y. Badawi


By J. Randolph Evans, Shari Klevens and Suzanne Y. Badawi


Back in the day, attorneys worked until the day they died. Only then did partners and law practices focus on the realities of transitioning from one partnership to another.


In today's world, few attorneys work to the end. Instead, both attorneys and law practices increasingly plan for the transition from the active practice of law to part-time or semi-retired to full-time retirement. Every ...

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