The Senior Attorney model for succession planning offers the following:

  • Upon joining a growing law firm, the Senior Attorney typically continues to practice and may also practice during partial retirement.
  • Senior Attorneys participate directly with matriculating their clients to lawyers at the growing firm, thereby ensuring that clients know who will succeed the Senior Attorney with respect to ongoing representation.
  • Financial terms include the ability for a Senior Attorney or the Senior Attorney’s estate to earn revenues during the Senior Attorney’s retirement, or after the Senior Attorney’s death.