Best Practice: Approaches to client transition during a law firm succession
Asked and Answered
By John W. Olmstead, MBA, Ph.D, CMC
Q. Our firm is a 24 attorney firm in the western Chicago suburbs. We have 10 partners - five are in their early 60s. We represent small to mid-size business clients. Recently we have been discussing the eventual retirement of the senior partners and approaches to client transition. We would appreciate your thoughts.