plus 4 questions to answer if the mp is staying with the firm.
by august j. aquila
what makes a great partnership
one of the most difficult events that a firm faces is the transition of power from one managing partner to another, especially when it’s the first time.
more on great partnerships: 5 ways to keep your edge | 5 reasons that leaders fail | 11 things all partners must do | why partners need written goals | the 6-step plan for transitioning clients | fighting restraining forces | chemistry and mutual respect matter | great cpa firm partnerships begin with trust | the 4 best ways to use pre-retirement partners
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knowing when to pass the baton and how to pass it are critical decisions every firm will have to make.