Aon | Professional Services
Law Firm Management Advisory
Key Insights - Q1 2021
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Scott Fisher, Managing Partner of US law firm Neal Gerber Eisenberg, shares his experiences of his leadership transition and
advice for effective succession planning in a rapidly changing commercial environment.
The potential loss of a leader or key rainmaker is a concerning but inevitable challenge for law firms. Without adequate measures to
embed a succession strategy into the firm’s culture, client experience and loyalty suffer when a gap in leadership is created by
the departure of a partner.
Law firms must plan carefully to provide sufficient retirement benefits to key partners. As senior partners look to retire and give
up their equity, younger partners must ensure the firm has a viable plan in place to fund partner retirement benefits.
The conflicts and intake function for professional service firms has been rapidly evolving in recent years. Historically, a lack of
innovation in technology and a general undervaluing of the true benefits that effective conflicts and intake processes can bring to
a firm, contributed to an extended...
