Job Seekers

6 Questions You Need to Consider in Creating a Succession Plan

The pandemic has exposed law firms whose leadership is weak, resulting in many partners making the lateral move to firms with stronger business models and leadership. 

Time is simply something none of us have. Therefore, you need to work smart. The sum total of your efforts must bring in new business. Make sure you are connecting with the right people, who can help you. Constantly assess what is working, and what is not.

Why did you put yourself on the market in the first place? Were you passed over for a promotion? Or maybe you just don’t fit in? Does the money change things? Will the issues of the past continue to be a problem? 

Lasting relationships are tied to a shared sense of competitiveness, purpose, and culture. Many top lawyers are looking to make the move. Why, because they just don’t fit in anymore.

Most Solo Practitioners have spent years developing a growing and successful practice. Start planning your retirement now, take steps to create value. Establish benchmarks for revenue for future goals. Look for people internally and externally who fit the firm’s succession future image.

Making a lateral move is a big decision, it’s important for anyone making the career move does it for the right reasons. 

Integrity. Perseverance. Passion. Do you have Grit?

You are NOT a team player. You are disruptive and people find that you have a toxic influence on the firm.   

For a long time, business professionals have been told that in order to work effectively at their firms, they have to be in the office. This was due to culture and connection.