After years of success (by any number of measures), more than a few firm founders (or later generation leaders) confront succession. Some of them are simply ready to step back and enjoy life-turning their worries over to the next generation has great appeal. Others are driven by unanticipated developments-illness or family circumstances compel them to move away from the practice sooner than intended. Whatever the motivation, succession is a watershed event that requires careful planning, attention to detail, and comfort in the persons or firm that succeeds to what has been built. Read More
