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Jan 9, 2025 | 
natlawreview.com | Brian Kennel
Skip to main content January 09, 2025 Volume XV, Number 9 Legal Analysis. Expertly Written. Quickly Found.
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Dec 10, 2024 | 
natlawreview.com | Brian Kennel
Retirement planning is a critical yet often sensitive topic in founder-owned law firms. Founders often find it challenging to recognize that, eventually, the firm will continue without their presence. The first step in this process is to create a retirement timeline, referred to as a 'work-life timeline'. A well-structured timeline provides retiring partners with clarity while aligning the firm’s resources, client relationships, and leadership strategies for a smooth transition.
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Nov 29, 2024 | 
natlawreview.com | Brian Kennel
When transitioning from a founder-owned law firm, it’s essential to establish a clear plan to ensure the firm’s continued growth and stability. A successful transition depends on strategic priorities that enhance operational efficiency, improve client satisfaction, and secure long-term success. Below, we outline the key areas to analyze and implement for a seamless shift in leadership and operations. Work-life timelines act as a roadmap for planning the future of the firm.
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Nov 14, 2024 | 
natlawreview.com | Brian Kennel
Skip to main content November 14, 2024 Volume XIV, Number 319 Legal Analysis. Expertly Written. Quickly Found.
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Nov 8, 2024 | 
natlawreview.com | Brian Kennel
Skip to main content November 08, 2024 Volume XIV, Number 313 Legal Analysis. Expertly Written. Quickly Found.
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Oct 30, 2024 | 
natlawreview.com | Brian Kennel
In our experience, most first-generation (founder-owned) law firms do not become second-generation firms. Those that do survive beyond their founders share some key characteristics: they are consistently high-growth firms that regularly admit new partners and generate sufficient business beyond the founders' originations. This approach reduces the impact of eventual retirement. First-generation firms with a true institutional mindset begin planning for founder succession from day one.
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Oct 16, 2024 | 
natlawreview.com | Brian Kennel
Skip to main content October 16, 2024 Volume XIV, Number 290 Legal Analysis. Expertly Written. Quickly Found.
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Sep 20, 2024 | 
natlawreview.com | Brian Kennel
Skip to main content September 20, 2024 Volume XIV, Number 264 Legal Analysis. Expertly Written. Quickly Found.
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Sep 6, 2024 | 
natlawreview.com | Brian Kennel
Determining base salary adjustments requires careful consideration of progressive economic and qualitative performance expectations relative to actual performance. To ensure a fair and transparent process, consider the following:Evaluators should consider economic performance indicators such as production, profitability, and supervision (maximizing production of others).
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Aug 23, 2024 | 
natlawreview.com | Keith Bishop |Brian Kennel |Anthony J Oncidi
After facing a declination from the U.S. Department of Justice, a whistleblower saw their Medicare Part D fraud case end with a $90 million settlement. Insurance company Humana allegedly used fraudulent financial information in their bids to gain government approval for one of their Medicare Part D prescription drug plans. The whistleblower was a former actuary with the insurer. Under the qui tam provision of the False Claims Act, the whistleblower is entitled to 15-30% of the settlement.
