Offit Kurman announces new leadership, including a nonlawyer CEO
The fast-growing law firm Offit Kurman announced Tuesday that Aaron Bukowitz will take over as chief executive officer, marking the first time that a nonlawyer has held the role. Bukowitz has been promoted from chief operating officer, the firm announced, and Robert Skinner, who was chief administrative officer, has been promoted to the role of […]
Law firms urged to take succession planning seriously
Planning for a law firm’s future takes many forms, depending on the size of the shop. But regardless of firm size, one thing remains consistent: Succession planning is critical and often overlooked. “Succession planning for large, medium and small firms is something very integral to firm longevity and success,” said Randi Lewis, Maryland-based managing director […]
MSBA panel to advise lawyers on succession planning
Lawyers spend years building their practice but even when business is booming, it is important to plan for a day when they may not be able to maintain their practice due to illness or death.
Succession planning for your law practice
As attorneys, we have an ethical obligation to make sure that our clients’ interests are always protected, even (and often) to a point after our representation ends.
Succession plans for family businesses a lot more than numbers
Family-owned businesses make up about 20 percent of the U.S. economy, according to the U.S. Census Bureau, but only about one-third of those survive the transition from one generation to the next.