Prospective Partners Ask Small and Midsized Firms Tough Questions About Succession

Do Their Chief Finance Professionals Have Good Answers? Many senior associates want to know whether the firm is well-positioned financially to grow and prosper when the current generation of senior partners retires. To get the information they need to value an investment in the firm, they turn to its finance professional.

9 minute readMay 01, 2024 at 12:11 AM
By
David E. Wood
Prospective Partners Ask Small and Midsized Firms Tough Questions About Succession

In the past, when up-and-coming young lawyers and lateral candidates were invited or recruited to join a law partnership, they often gave little thought to whether the required capital contribution

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