RumbergerKirk Managing Partner Frank Sheppard provides tips on succession planning and the importance of starting the process early in an article published in the ALM Mid-Market Report on December 7, 2022.

He talks about the importance of planning ahead due to the aging population of attorneys–often referred to as the Silver Tsunami–and notes that it becomes more difficult the longer you wait.

He also provides insight on long-term planning and its impact on clients. “I think clients look and they start to worry about who’s on the bench,” Sheppard said. “You need to be sure that the client is being involved in the process.”

Read the full article (subscription may apply)