PRA2327. New Partner Development: 10 Best Practices

Thousands of CPA firms today are in the midst of executing succession plans, of which the main component is the mentoring of younger professionals by senior partners. Getting new partner development right is key to both continued firm growth and being able to make retirement payments on schedule. If your firm needs a better process, criteria, or plan to bring in new partners we’ll share 10 best practices you can’t ignore.

Learning Objectives:

• Recall how to define and communicate the criteria to become a partner at your firm, and what the process looks like.
• Recognize specific mentoring techniques that accelerate future partner development.
• Identify tactics to retain and engage partner candidates as they move into a leadership role (hint: it’s not all about dangling the promise of higher income).