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If you’re a practicing lawyer in your 60s or 70s, putting a plan in place can give you peace of mind and allow you to exit practice on your terms when ready.
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Winston Churchill once said, “He who fails to plan is planning to fail.”
Without a formal succession plan in place, a failure to plan during your later years in practice will inevitably create problems for the people you’ve loved and cared about during your legal career.
These people deserve better — and so do you. Stop planning to fail and get started on your law firm succession plan with a succession planning attorney.
In addition to protecting the people you care about, planning helps you, too. You’ve worked hard to build your practice; a strategic exit allows you to preserve your legacy rather than just fade away. You’ve invested in your practice; a strategic exit allows you to extract some value from it rather than leaving money on the table. Perhaps most importantly, taking control of your exit rather than leaving it to chance will give you peace of mind so you can enjoy the rest of your career.
There are several options available for you to strategically exit the legal profession:
Your choice will depend on your unique circumstances and needs, but you don’t have to make it alone. With years of experience helping lawyers successfully transition out of practice, Roy will provide the support you need to make the right plan — and put it into motion.
Stop your instinctive lawyer self-talk of, "Yeah, I know I need a succession plan, but this doesn't seem too complicated. I can figure it out myself." You already know the problems created when your own clients think that way. It’s time to practice what you preach, especially if you’ve pushed off planning and you’re well into your 60s or 70s.
Remember, you don’t know what you don’t know. As your clients rely on you for your practice expertise, you can rely on Roy's decades of legal experience and more than a dozen years of law firm succession planning consulting to help secure your peace of mind and the best exit strategy for your firm and clients.
Effective succession planning is vital for larger law firms to ensure leadership continuity and firm stability. What strategies can be implemented to cultivate new leaders and prepare them for future roles?
No book currently available speaks as frankly to lawyers about the retirement process and how to navigate the challenges skillfully.
Roy Ginsburg, J.D. is an attorney coach, consultant, and practicing attorney who understands the legal market and the pitfalls you’re facing if you fail to plan. He has the insight you need to make smart choices about your future.
Stop putting off the inevitable. Now is the time to plan for the future of your firm, loved ones, and clients. You only have one opportunity to exit the legal profession. Know that Roy Ginsburg will make your transition as beneficial and as trouble-free as possible.
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