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Strategic Planning Succession Planning

Bricker Graydon LLP

Best Practices for ESOP Formation

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An Employee Stock Ownership Plan (“ESOP”) has become a popular tool for succession planning and tax structuring, especially for S corporations. As more business owners look to retire and wish to avoid selling their life’s...more

LawVision

Navigating Generational Friction in Law Firms 

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In May of 2023, I (Mike) tried to raise awareness of the challenges of navigating generational changes by focusing on the impact on partner compensation… The post Navigating Generational Friction in Law Firms  appeared first...more

IR Global

5 Ways to Build Trust as an Advisor

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What really fuels a successful business partnership? Partnerships are crucial for success and they allow professionals to tap into diverse expertise and uncover new growth opportunities. But amidst all the complexities,...more

Epiq

Association Legal Administrators’ Executive Leadership Summit Highlights Future-Ready: Strategic Planning for the Evolution of the...

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Midsize to large law firms are under increasing pressure to adapt to significant changes in workforce expectations, client demands, and operational complexity.  Factors such as hybrid work models, evolving client...more

Furia Rubel Communications, Inc.

Building a Prosperous Future for Law Firms with Succession Consultant David Wood

In this episode of On Record PR, Gina Rubel goes on record with succession consultant David Wood to discuss implementing programs that secure the prosperity of law firms for future leadership. After a 38-year career as a...more

Tucker Arensberg, P.C.

Business Owner’s Guide: Plan Your Exit

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As America’s largest generation approaches retirement age, we are seeing an influx of business owners looking for an exit ramp. Curiously, we are also seeing business owners of younger generations exiting, or planning to...more

Nutter McClennen & Fish LLP

The Real Impact (Summer 2024)

Welcome to the inaugural edition of The Real Impact. In this edition, we discuss three strategic alternatives to consider for nonprofit integration and insights on the proposed regulations on donor advised funds. Guest author...more

LawVision

In Times of Planning Uncertainty, Fall Back on the Basics

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As we all gaze into our crystal balls and try to predict what will happen in 2024 with any degree of certainty, our views are pretty hazy. Think back to this time last year, which was filled with much handwringing,...more

Furia Rubel Communications, Inc.

Succession Planning to Safeguard Your Law Firm's Future with Patrick Cusick, Director of Law Firm Services at Armanino LLP

In this episode of On Record PR, Jennifer Simpson Carr goes on record with Patrick Cusick, Director of Law Firm Services at Armanino LLP, to discuss important considerations for law firms when creating a sustainable...more

ClientsFirst Consulting

Strategic Marketing Insights for Small- and Mid-Size Law Firms: Highlights from Our Latest Webinar

In the competitive landscape of the legal sector, the right marketing strategies can set a firm apart. For small- and mid-size law firms, with less resources and budget, this differentiation is crucial. With ever-evolving...more

Lathrop GPM

Business Succession Planning

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Many successful business owners devote their lives to establishing, building, and maintaining a successful business. However, few successful business owners have properly considered what will happen after they are gone, and...more

LawVision

Succession vs. Independence: How Succession Challenges Could Accelerate Firm Combinations

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Perhaps not surprisingly, two of the most frequent and challenging requests we currently receive are for assistance with “thinking through growth questions” (aka, “mergers and acquisitions”) and “dealing with generational...more

LawVision

A Year of Shifting Winds – and Some Thoughts for the Year to Come

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As we enter the final countdown to the end of 2022 – hard to believe another year has come and gone! – there are lessons to be learned from where we’ve been. This year might go down as the “year of shifting winds” for the...more

LawVision

The Next (Foreseeable) Disruption for the Legal Industry

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To say that we are in a period of change and transition is an understatement.  About a year ago, we all went home, the IT professionals in all law firms proved they were worth their weight in gold, and most law firm...more

Pullman & Comley, LLC

Succession Planning for the Successful Family Business in 2020

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This article discusses the family business succession planning process and the changes we can expect to see in the remaining months of 2020, including the impacts of COVID-19 and the November elections....more

Furia Rubel Communications, Inc.

How to Prepare for Coronavirus to Hit the Small Business Owner

Recent weeks have starkly demonstrated the need for every organization to have a crisis communications plan, but one area of planning often gets overlooked: succession planning. Succession plans often focus on how to exit a...more

McDermott Will & Schulte

New Priorities for Exempt Organization Compensation Committees in 2020

The new priorities for tax-exempt organization compensation committees in 2020 primarily fall into four key areas: remaining market competitive for key leaders, succession planning, evolution of the compensation committee to...more

LawVision

5 Emerging Challenges for Law Firm Leaders in 2020

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Before the calendar slips too far into the new year, I want to share five important emerging trends or steps for law firm leaders to consider in 2020, each of which will have significant short and long-term implications for...more

Morrison & Foerster LLP

Do Your Advisers {Speak} Your Language?

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As we’ve often noted in this series, GCs need to look inward to ensure they have the right skills to match the moment. But they must also look outward to ensure their external advisers are evolving along with them. In our...more

Gray Reed

Family Matters: Can A Family Business Succeed Without Addressing Overlapping Business AND Family Issues?

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Continuing to struggle with transitioning his family business to the next generation, Big Daddy Ernest Bux, 65, considers perhaps the most difficult task on his checklist: Insuring that both his management succession decision...more

Foster Garvey PC

Takeaways from the 4th Annual Family and Closely Held Business Summit

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What It Takes to Sustain a Family Business Through Multiple Generations - On October 25, 2018, Garvey Schubert Barer convened more than 90 guests to its 4th Annual Family & Closely Held Business Summit. Produced in...more

Proskauer Rose LLP

Personal Planning Strategies - September 2018

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With over a century of combined experience, the lawyers of Proskauer's Private Client Services Department regularly provide their diverse clientele – from business entrepreneurs and corporate executives to sports figures and...more

BCLP

Family Businesses – Controls, Successions and Sales – It is never to early to plan

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The family business not only represents the hard work and entrepreneurial spirit of the founders, sometimes across generations, but is often a reflection of the founder’s and family’s values and beliefs. The family...more

LawVision

10 Questions That Need Answers for a Successful 2017 (and Beyond)

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At about this time last year, I wrote a blog about 10 Projects That Can Produce Big Results in 2016. My goal was to get each reader’s firm to focus on one signature project from a “menu” of options that would have a positive...more

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