Solutions for when succession planning didn’t happen as it should have.
By Marc Rosenberg and Kristen Rampe
Over the years, we have worked with a number of small firms that had the following dilemma: What to do when the partners are all in their 60s and none wishes to buy out the other?
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This problem is particularly acute with two-partner firms, though can be troublesome for other firms with multiple partners wanting to retire on a similar timeframe.
We have distilled this dilemma into a case study to guide firms to a solution. This case is based on real facts.
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