From left, Gaetan Alfano and Leslie A. Mariotti of Pietragallo Gordon Alfano Bosick & Raspanti.Courtesy Photos Should I Stay or Should I Go? Managing Your Law Firm Separation
We have counseled dozens of firms and attorneys with respect to professional transitions over many years. In our experience, our attorney clients who successfully forged new careers have followed these five suggestions.
January 05, 2021 at 12:01 PM
9 minute read
The devastating financial fallout of the COVID-19 crisis has exacerbated law firm dissolutions and key attorney separations. Firms that were overleveraged, undercapitalized, poorly managed or otherwise unable to adjust to revenue slowdowns have failed outright or have found themselves struggling to adapt. Stakeholders, whether partners or shareholders, have been forced to consider their professional options, including voluntarily (or involuntarily) separating from their firms.
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