Podcast Location:
Download it here [file size: 18.7 MB]
Categories:
Practice Management, Marketing & Skills
CPD Points:
Up to 0.5 points. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This CPDcast aims to discuss the issues surrounding succession planning and the process of creating a successful succession plan. THIS CPDCAST IS NOT ACCREDITED BY THE BAR STANDARDS BOARD

Outcomes:
After completing the course you will:
  • Understand what is meant by succession planning;
  • Understand the importance of recognising skill gaps within a firm;
  • Appreciate the conundrum of whether to recruit from within a firm or from outside the firm;
  • Understand the role of lawyers is changing to include business development responsibilities;
  • Know why succession planning is a key priority in the current economic climate;
  • Understand the possible consequences of not having a succession plan in place;
  • Appreciate the dangers of recruiting similar types of staff;
  • Appreciate that a clear succession plan encourages loyalty in staff;
  • Appreciate that a lack of a succession plan may lower morale;
  • Know the benefits and disadvantages of a public and private succession plan within the firm;
  • Understand what a typical succession plan should look like;
  • Understand the importance of delivering a succession plan once it has been created;
  • Understand how to implement a succession plan.
Level:
General Interest Difficulty: 2 of 5
Classification:
Panel Discussion
Practical Guide
Sources and References:
  • There are no citations to accompany this podcast.

In this CPDcast, Lynda Millar, Director of Services at LawNet, discusses the importance of succession planning with Alec Fitzsimons and Richard Badham, the Directors of DPP Associates – Developing People's Potential. They examine what is meant by succession planning, how a succession plan should look and one could be implemented.

THIS CPDCAST IS NOT ACCREDITED BY THE BAR STANDARDS BOARD

THERE IS NO QUIZ ACCOMPANYING THIS PODCAST

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