Planning for What Comes Next: Why Every Law Firm Needs a Succession Financial Plan

Law firm managers should be frequently thinking about the future. Where will their firm be in 1-5-10 years?  Whether a firm is considering a lateral hire, a new practice area, a merger, or a partner is considering retiring, every strategic decision should rest on a financial foundation. Succession plan reports provide a foundation. They answer the questions that matter before a major commitment: Do we have the capacity? Can we sustain the cost? What’s our current runway? What does our growth trajectory look like? Read More at https://oriellyroche.com/why-every-law-firm-needs-a-succession-financial-plan/