A session about Ownership Transition: Developing Future Firm Leadership was presented at A’19, the AIA Conference on Architecture 2019. The PowerPoint slides address the following learning objectives:
- Recognize what current owners need to do well in advance to prepare for a successful firm transition in the future.
- Recognize the challenges and decisions for those who wish to transition into firm ownership to better evaluate their best course of action
- Understand the various risks and hurdles of different actions or inactions to help protect and manage the architect’s and the firm’s interests in the transition.
- Understand the various insurance issues when transitioning firm ownership, including Extended Reporting Periods, claims history, limits of liability, and more.