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The Aspiring Lateral: The Succession Plan

Date

October 16, 2013

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1 minute

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Levenfeld Pearlstein will be authoring a new series of articles to be published on the legal website Above the Law. The article series, titled, "The Aspiring Lateral," will analyze a variety of issues surrounding lateral moves, drawing on the firm’s experience in the lateral market as well as the individual experiences of LP attorneys.

The latest installment in our article series is "The Aspiring Lateral: The Succession Plan," written by LP's Managing Partner, Rob Romanoff.

From the article:

You’re 35-50 years old. You’re a partner at a large law firm, thinking about leaving for something smaller. You’ve been given an offer by a firm that interests you. The firm has a good reputation, steady business, and a solid practice in your area. It consists mostly of partners over 60 and associates younger than you.

Is this a great opportunity, or a career dead-end? Based on the above, it could be either. You’re missing a fact critical to determining whether this — and many other lateral opportunities — is one worth pursing, or one that should be avoided. That fact is this: what is the firm’s succession plan?

Read the full article here.


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