Succession PlanningNovember 1, 2010 – In The News
SmartCEO asked Jerome Deener to share his advice on succession planning. Deener told SmartCEO that he began the succession planning process six or seven years ago, at a time when partners at his firm weren’t motivated to join with another law firm.
“Fox Rothschild wound up being the best move for my firm,” said Deener. “It wasn’t one particular event that told me the time was right. It was an evolutionary process that took place over several years.” Deener advised other executives planning for succession, “It’s very important to make sure that it’s a process. Don’t jump on the first offer that looks good.”
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