Succession and you
While practice owners plan their exits, smart professionals plan their entries. Watch the career-focused session on positioning yourself as the ideal successor or next-generation leader. This isn't about waiting for opportunities—it's about actively developing the skills, relationships, and strategic mindset that make you indispensable. Learn how to demonstrate succession readiness, negotiate ownership pathways, and build your professional value in ways that align with evolving practice needs. Whether you're a senior manager eyeing partnership, a talented employee considering acquisition, or simply want to future-proof your career, discover how to make yourself the solution to someone's succession challenge.
- Plan Early – Unexpected events like health issues can force an exit; having a clear succession plan avoids chaos.
- Document Processes – If your firm’s knowledge stays in your head, risk is high and valuation drops; written systems increase value.
- Develop Future Leaders – Train and engage younger staff for equity or leadership roles to ensure continuity and reduce risk.
- Know Your Risks – Client demographics, personal guarantees, and cyber/data exposure impact saleability and insurance coverage.
