We are in the middle of an enormous transition from first to second-generation law firms, and the biggest lawyer retirement bubble we will see in our lifetime.  Meanwhile, the industry faces enormous challenges in finding and keeping great lawyers and staff, the decline in lawyer billable hours, a desire for more remote work and a four-day work week, and rapidly advancing AI.

This presentation outlines a number of the changes law firms are facing, and how to handle them. Topics include:

• Why strategic planning is critical for law firms right now
• How to prepare for retirements and transfer of ownership
• How to keep lawyers motivated to stay and evolve with the firm
• How to prepare for changes to the profession resulting from developments like AI

This on-demand program was originally broadcasted as a live webinar on January 25, 2024. Total running time is 1 hour.