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An Orderly CFO Succession

By James W. Davidson
September 29, 2004

When I announced my intention to retire from a 25-plus year career as CFO at an AmLaw 200 law firm, the firm began a process to search for and select a replacement. Because I had been with the firm for such a long time, we took the opportunity to start more or less from square one in determining what the firm wanted in a CFO. I had evolved my position from that of Controller as the firm grew, and its management and its needs changed.

Redesigning the Job

The first thing I did was to update my job description. What I had been hired to do all those years ago bore little resemblance to what I was doing now.

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