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Passing the Torch Without Getting Burned

Name: Passing the Torch Without Getting Burned
Price: 70.33 USD
Availability: InStock
Rating: 4.4 (5 reviews)

4.4 of 5 Stars: Ethics & Professional Responsibility - Passing the Torch Without Getting Burned

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Description

Book Synopsis: For law firms, succession is a fact of life: founding partners retire, rainmakers depart, and in the meantime, client relationships must be preserved. Passing the Torch without Getting Burned: A Guide to Law Firm Retirement and Succession Planning is a comprehensive examination of the key economic issues typically encountered by law firms when they consider how partners end their careers, as they inevitably must. Peter Giuliani, an experienced law-firm management consultant, illustrates common retirement issues and their resolutions through "real life" case studies from his years of consulting experience.

This book will help you:

Understand the basic economics of retirement and succession planning;
Take care of founding partners upon their retirement;
Bring new partners into the firm;
Select a retirement plan that's best for your firm--and make it affordable for employees;
Weigh the costs and benefits of mandatory retirement;
Consider "emeritus status" alternative retirement plans;
Integrate compensation plans with retirement policies;
Think about selling your law firm;
Understand special considerations for contingency-fee practices.

Passing the Torch without Getting Burned: A Guide to Law Firm Retirement and Succession Planning also includes retirement policy forms and sample language for partnership agreements.

Details

Are you a law firm owner or partner, concerned about the future of your practice? Succession planning is a crucial step in ensuring the continuity of your firm. Introducing "Passing the Torch without Getting Burned: A Guide to Law Firm Retirement and Succession Planning." Written by Peter Giuliani, a renowned law-firm management consultant, this comprehensive book addresses the economic issues faced by law firms when partners retire or leave. With real-life case studies and expert advice, this guide will provide you with the tools you need to navigate the complex world of succession planning.

Understanding the economics of retirement and succession planning is essential to protect the interests of founding partners. "Passing the Torch without Getting Burned" offers invaluable insights and strategies to make the transition smooth for everyone involved. From bringing new partners into the firm to creating an affordable retirement plan, this book covers it all. With Giuliani's expertise, you'll learn how to integrate compensation plans with retirement policies, consider alternative retirement options like "emeritus status," and even explore selling your law firm when the time is right.

But the benefits of this guide don't stop there. "Passing the Torch without Getting Burned" goes beyond traditional retirement planning and caters to the unique needs of contingency-fee practices. This specialized consideration will equip you with the knowledge to protect your firm's financial future while preserving client relationships.

Don't leave the future of your law firm to chance. Take control of your succession plan and ensure a seamless transition with "Passing the Torch without Getting Burned: A Guide to Law Firm Retirement and Succession Planning." Get your copy today and empower your firm for long-term success!

Get your copy of "Passing the Torch without Getting Burned" now and secure the future of your law firm!

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