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The American Lawyer

Identify Future Leaders, Open Lines of Communication and Do It With Time to Spare: A Succession Planning Primer

Smaller firms in particular struggle with handling younger attorneys "more keen" on leadership positions, according to executive coach and strategic adviser Gwen Mellor Romans.
6 minute read

New Jersey Law Journal

12 Attorneys Have Recently Left Genova Burns, Spotlighting Succession Planning Travails

While sources pointed to failed discussions over how to transition beyond the leadership of founding partners Angelo Genova and James Burns, Burns said the firm has "built a brand which will continue beyond its founders."
4 minute read

Pro Mid Market

We're Coming to Chicago: Law.com Pro Live Leadership Roundtable

Join us in Chicago for our first Live Leadership Roundtable of the year, focusing on a perennial challenge: Succession planning.
2 minute read

New Jersey Law Journal

Trusts & Estates and Wealth Management Special Section 2024

This year's Trusts & Estates and Wealth Management Special Section runs the gamut. It includes articles about prenups and divorce, elder fraud, the SECURE Act, the Corporate Transparency Act, and much more.
3 minute read

The Legal Intelligencer

Disciplinary Board Proposes Mandatory Succession Planning for Pa. Lawyers

"The future is unpredictable and lawyers must strive to lessen the impact of unexpected interruption to their relationships with clients by proactively protecting the clients' interested in the event of the attorney's death, disability, or other unanticipated absence," the board's explanatory report reads.
3 minute read

The Legal Intelligencer

Succession Planning Success—Ensuring Good Governance Through Board Membership for Nonprofits

As board members, lawyers have a fiduciary duty to provide good governance to nonprofit organizations and, as volunteers, lawyers help nonprofit organizations fulfill their missions of providing for the greater good. As lawyers representing nonprofits, we have a responsibility for advising clients to maintain this adherence to the greater good and counsel clients on good governance.
6 minute read

Daily Report Online

Amy Helmick Chosen as First Female US Magistrate Judge for the Middle District of Georgia

Helmick is currently an assistant U.S. attorney and has served as the Columbus branch chief for the Middle District U.S. Attorney's Office and will succeed retiring Magistrate Judge Stephen Hyles.
2 minute read

New York Law Journal

Family Business: A Missed Succession Planning Opportunity

In the annals of family business succession planning, this article discusses some clever, albeit flawed, attempts to transfer ownership interests in a mature enterprise to family members while avoiding the transfer tax toll.
8 minute read

The Legal Intelligencer

Plaintiffs Firms Are Embracing Mergers to Solve Succession-Planning Uncertainty

COVID-19 court closures put pressure on some firms' economic models, and most players in the arena don't regularly bring in fresh talent to create a pool of future leaders.
5 minute read

Law.com

Start 2024 By Considering The Synergy Between Retirement and Succession Planning

Attorney retirement and succession planning are critical issues that are often overlooked at the management level of law firms. A key question arises: What should come first, retirement or succession planning? Although they go hand in hand, many firms avoid addressing both.
7 minute read

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