Guest writer Caroline Black

Caroline Black is a former law firm Director of Marketing and a consultant for Next-Up which specialises in helping professional services firms to support partners before, during and after retirement. She works with top law and accountancy firms to run ‘Your Future’ workshops inspiring partners with ideas on how to use their skills and experience before, during and after retirement.

Partner retirement: The hidden risks law firm boards must address

partner retirement

The retirement of senior partners from law firms might seem like a natural progression, but it presents significant governance challenges that boards must actively manage. While partner retirement is inevitable, the associated risks can be substantial if not properly overseen. Law firms, in particular, face unique challenges. Unlike corporate structures, partners are both owners and Partner retirement: The hidden risks law firm boards must address