Nina Roket Quoted in Law360 on How Law Firms Win in Succession Planning
Olshan Co-Managing Partner, Co-Chair of the firm’s Real Estate Law Practice and Chair of Commercial Leasing Practice Nina M. Roket was quoted in a Law360 article (subscription required) on the importance of proper succession planning in law firms, from nurturing internal leaderships to deepening client relationships. Sometimes, succession planning can fall apart gradually, or it can happen suddenly, in dramatic fashion. “The firm could blow up,” Nina said. “We've seen that, or we’ve seen mergers not be as profitable as they can be for the partners who decide to be part of the combination.” Nina emphasized the value of providing consistently superior service to clients. “If it’s being done correctly,” she said, “the client should not feel that there’s been a shift, because by the time the shift happens, the person who’s going to continue to be responsible for the work has done so for a good enough amount of time before any succession has happened.” Nina further notes that retaining top talent is crucial and starts with mentorship.
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