Succession Planning: The Key to a Sustainable Practice
Feature Article: Law Practice Management Series by Mary G. Anderson, Life Management Consulting Group What is succession planning? Succession planning is “a means of identifying critical management positions, starting at the more junior levels of project/case... read moreThe History of Advanced Legal Training Institute
Feature Article: Law Practice Management Series by Mary G. Anderson, Life Management Consulting Group When we started Advanced Legal Training Institute almost five years ago, the #1 goal was to offer timely, relevant, state-of-the-art legal education in a... read moreWhat You Need to Know… About the “New Tax Law”
After much speculation, in December of 2010, the President signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “Act”), which contains important estate tax provisions. There are three important temporary changes under the... read moreHow to Utilize the Federal Gift Tax Exemption
October is a great month to reconnect with your clients. It’s the beginning of the fourth quarter and clients are thinking about year-end tax planning. As part of that process, clients should be reminded that their tax planning not only involves income tax planning,... read moreHow to End the Year Strong: Follow a 4th Quarter Action Plan Map
“What gets measured, gets managed.” ~Peter Drucker It’s the final quarter of the “game” of this year. How are you doing so far? In another post, we talked about using systems to monitor your important work. This week I want to give you... read moreSetting Boundaries
What Is succession planning? Succession planning is “a means of identifying critical management positions, starting at the more junior levels of project/case management extending all the pay up to the highest position in the firm. Although it is often confused with replacement planning, succession planning goes beyond replacement planning because its focus is broader than one position, department or specialty. While often associated with planning for a senior attorney/partner/executive replacements only, it is really a much broader concept than that.
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