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Succession Recession

The current economic recession has created a succession recession, as many firms have tabled thoughts of succession planning primarily due to the fact that the Baby Boomer generation is contributing the most to law firm revenues.

13 minute read December 19, 2011 at 11:39 AM
By
Stephen M. (pete) Peterson
Succession Recession

“The future has already happened.” Management guru Peter F. Drucker spoke these words during a conversation at The Masters Forum on Jan. 27, 1998. Drucker also penned the article, “The Future That Has Already Happened” in the September-October 1997 edition of the Harvard Business Review.

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