Retirement Succession Can Hedge Against the Risks of Lateral Partner Acquisition

Increasingly, law firms rely upon acquiring lateral partners and practice groups to grow revenue more quickly than they can by increasing output with existing talent. With this kind of money at stake, a prudent firm is constantly on the lookout for ways to hedge against the risks of acquiring laterals. Implementing an effective retirement succession program is one of them.

12 minute read April 01, 2024 at 12:09 AM
By
David Wood
Retirement Succession Can Hedge Against the Risks of Lateral Partner Acquisition

Increasingly, law firms rely upon acquiring lateral partners and practice groups to grow revenue more quickly than they can by increasing output with existing talent.

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