The question of succession planning within law firms doesn’t haunt corporate counsel when they look to select their outside counsel. Instead of fearing an unexpected departure or retirement and relying on an attorney’s own succession plan, they cultivate their own lines of succession for their outside lawyers, ensuring there is a backup in place to take care of the company’s work.
According to a group of in-house legal chiefs, this proactive approach can take two forms, depending on the kinds of work outside counsel performs.
