The pandemic underscored the need for solo practitioners and small law firms to plan for the retirement of influential leaders, business disruptions and unforeseen events. Firms without a succession plan run the risk of losing clients and revenue, if not more. As a law firm leader, what should you take into consideration when planning and timing your retirement? Discover essential elements of creating an exit strategy, including how to overcome potential obstacles, selling and valuing your legal practice and other factors to ensure a smooth transition and your firm’s future success.
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