Michael Kelley was quoted by Frederick Shelton and Ayven Dodd in Law.com about structuring legal management services organization (MSO) deals to build the next generation of talent into the transaction.

"You won’t keep your most talented 35-year-olds with a bigger salary and a better title while all the equity accrues to the first generation, because ambitious lawyers want to own something and graduating incentive pools and recurring equity grants give tomorrow’s rainmakers a reason to build their careers inside the firm rather than leaving to rebuild it somewhere else," Michael said.

Subscribers can read the full article here: Will your firm survive more than one generation after a legal MSO deal?

Law.com is one of the country's premier websites for legal news, reaching more than 1.5 million readers each month.