From 2 Partners to 3: How to Start Law Firm Succession Planning Early - #258

Send us Fan Mail Law firm succession planning in the US is something most owners put off until it's too late. This episode shows how promoting an associate to partner beats a merger, and how to build a partnership track before your best lawyer walks. We cover law firm ownership transition, associate retention, building a book of business, and the referral network behind it. Small firm, real plan. 📲 Subscribe Now:https://www.youtube.com/@jsterlinghugheshttps://www.youtube.com/@TylerxDolph                              https://www.youtube.com/@jsterlinghughes 📚 Order The Waterfall Method Book here: http://rocketclicks.com/the-waterfall-method/ 📅 Schedule a FREE Family Law Firm Audit: rocketclicks.com/schedule-a-family-law-quick-audit 📝 Get your FREE Law Firm Growth Guide: https://jsterlinghughes.com/ \--- 📄 CHAPTERS 0:00 - Law Firm Succession Planning: Why Law Practice Gets Improvised 3:22 - Joining Two Partners Who Launched The Firm In 1983 4:06 - Promoting An Associate To Partner After Six Years 5:34 - A 50/50 Caseload That Prevents Family Law Attorney Burnout 10:56 - Small Law Firm Retirement: Promote From Within Or Merge 13:13 - Building A Book Of Business Through A Referral Network \---------------------- Ready to find the accountability partner you need to build your dream family law firm the same way we grew Sterling Lawyers?  Follow these steps:   1\. SUBSCRIBE TO JEFF'S NEWSLETTER: https://jsterlinghughes.com/   2\. BOOK A FREE 30-MINUTE AUDIT WITH US: https://rocketclicks.com/schedule-a-family-law-quick-audit/   3\. CONNECT WITH US:  LinkedIn: Jeff Hughes, Tyler Dolph, & Anthony Karls,  Facebook: Jeff Hughes, Tyler Dolph, & Anthony Karls,  Instagram: Jeff Hughes, Tyler Dolph, & Anthony Karls 4\. TELL US WHAT YOU WANT:   Tell us in the comments if you liked this episode and what other kinds of episodes you would like to see.