The topic of succession planning comes up frequently when I work with law firms across New Zealand. Tis, no doubt, is symptomatic of the ageing baby boomers’ era and the multi-generational transfer of wealth. Getting succession planning right is critical for any lawyer or law firm. Unless you plan to close the doors permanently on […]
Succession planning – is your law firm getting it right? Read More »
When I have had conversations with myself or other lawyers about retirement, an image of a swirling vortex comes to mind. It has a hollow centre with lines that move around its midpoint. It is circling rapidly, but sometimes it slows down a bit. I suppose this image comes to mind because retirement is a
The Retirement Vortex Read More »
Succession planning is a compelling issue for the New Zealand legal community as many ‘baby boomer’ lawyers are, or soon will be, retiring. This is good and bad news. The good news is that there is likely to be opportunities for younger lawyers to become partners. The bad news is the could be insufficient lawyers
Equity vs non equity partners Read More »
If you are a New Zealand lawyer reading this article, you are part of an inter-generational cohort turnover in the New Zealand legal profession. What does thismean? I am referring to the fact that the generation of baby boomer lawyers are generally reducing their level of practice, becoming consultants (instead of partners) and/or retiring. Simultaneously,
Succession planning: a strategic approach Read More »
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