The Role of Intellectual Property and Human Capital in Succession Planning
Nicole O'Hara, a member of the Firm's Intellectual Property Practice, authored this article for the Network Magazine. Nicole's article, "The Role of Intellectual Property and Human Capital in Succession Planning," argues that the knowledge and experience in your employees and intellectual property are equally important as EBITDA when it comes to succession planning.
"A good succession plan facilitates the successful transition of the business and ensures its continued viability, in addition to providing a return on the investment of the current owner," wrote Nicole. "If not expertly cultivated…. your business succession plan can fail before it gets off the ground."