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The Emotional Side of Exit
Much of the discussion around succession planning focuses on the mechanics and value of an exit. Those issues are critical. But there is another dimension of exit planning that receives far less attention and can be just as consequential. That is the emotional side of leaving a practice. Lawyers are deeply identity-driven professionals. For many of us, the practice of law is not just what we do. It is who we are. When it comes time to step back, that identity shift can


Cybersecurity for Lawyers: Protecting Your Practice and Your Clients
Why digital diligence is now an ethical obligation For most lawyers, cybersecurity sounds like an IT department problem. It is both a professional responsibility and a business continuity issue. Whether you are a solo practitioner with a laptop and cloud drive, or a partner supervising a team of associates, your ethical obligations under the Rules of Professional Conduct require that you understand and safeguard the digital environment in which you practice. Ethics: Competenc


Why Succession Starts with the Next Hire
As we have seen in our discussions of succession, the single biggest obstacle is often not money or clients, but people. For suburban and small firms, the challenge of hiring quality lawyers is especially acute. In many smaller markets, candidates are reluctant to leave the higher salaries and perceived prestige of large Manhattan or Westchester firms. Geography plays a role, too, as commuting to Rockland can be difficult. As a result, small Rockland firms often find them
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