Topic:  Partner Succession Planning and Profitability

Speaker:  Tim Corcoran

Speaker Bio: 

Tim Corcoran is a former CEO who now guides law firm and law department leaders through the profitable disruption of outdated business models. Tim is a Trustee and Fellow of the College of Law Practice Management, former President of the Legal Marketing Association and a member of its Hall of Fame, an American Lawyer Research Fellow, a Teaching Fellow in the Master in Legal Business program at the Australian College of Law, a frequent presenter at lawyer retreats and legal conferences, and a writer whose articles are published regularly in leading publications.

Topic Summary: 

Session 1 – Partner Succession Planning: 9:00 a.m. to 10:30 a.m.

When a partner starts winding down, there are many decisions to be made, including how to handle ownership percentages, payments, origination credits, and benefits, among many other topics.  Tim will walk us through these topics, so we have a better understanding of our options.

Session 2 – Profitability: 10:30 a.m. to 12:00 p.m.

We’ve learned about Key Performance Indicators (KPIs) before, but are we running and analyzing those numbers as often as we should?  Tim will teach us about the drivers of profitability and discuss when and how often we should be running certain KPIs.  He’ll also help us determine what changes we can make after analyzing those KPIs to make an impact on profitability.

CLM Credits:

Session 1 – Partner Succession Planning: 1.5 credits, CLM app category – Organizational Management, Functional Specialty – Human Resources Management, Recertification – Human Resources Management

Session 2 – Profitability: 1.5 credits, CLM application – Organizational Management, Functional Specialty – Financial Management, Recertification – Financial Management

Breakfast menu: 8:30 a.m. to 9:00 a.m.

Orange and Cranberry Juice

Assorted Pastries and Breakfast Breads and Toaster Station

Seasonal Fresh Fruit

Variety of Cold Cereals, Whole & Skim Milk

Yogurt Parfait Bar with House Crafted Granola, and Local Honey

Buffet lunch menu: 12:00 p.m. to 1:00 p.m.

New Orleans Style Gumbo

Tomato Salad with Sweet Onions, Blue Cheese, Sherry Vinaigrette

Crescent City Greens with Buttermilk Ranch Dressing

Bourbon Marinated Pork Loin with Citrus Demi Glaze

Grilled Chicken Breast with Creole Sauce

Blackened Gulf Fish with Citrus Cream Sauce

Southern Style Green Beans

Country Style Mashed Potatoes

White Chocolate Bread Pudding with Caramel Sauce

If you have any special needs or dietary requests, please reach out to Janet Dotson or Ginnie Blake, so accommodations can be made.