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Perspective on Managing a Law Firm Leadership Succession: Part II

January 13, 2017
Donald L. Mrozek
Bloomberg Big Law Business

In the second of a two-part Bloomberg column, Don Mrozek, Fmr. Chair of Hinshaw, continues his review of law firm leadership succession best practices. In Part Two, he explains the importance of adopting a written succession protocol, and also provides a sample leadership succession template.

Mrozek notes that adopting a written protocol institutionalizes the process, while also allowing for transparency. The current firm leader should draft the protocol, he argues, with assistance from those inside and/or outside the firm with experience in executive selection methodologies. He also advises quick action, because where a protocol is only enacted at a time when a leadership change is imminent, partners are often skeptical about the fairness of the process.

Read "How to Plan a Law Firm Leadership Succession" posted by Bloomberg Big Law Business, January 2017. Read Part I

Hinshaw & Culbertson LLP is a U.S. based law firm with offices in 11 states and London. The firm's national reputation spans the insurance industry, the professional services sector—including representation of law firms and lawyers—and other highly regulated industries, such as banking and finance and the debt collection sector. Hinshaw also provides a series of closely coordinated litigation, business advisory and transactional services to clients of all sizes as well as governmental and public sector entities.

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