28 August 2020 Issue 4 Carly E Doshi, William J Kambas and Michael S Schwartz

It takes a village… again

Carly E Doshi, William J Kambas and Michael S Schwartz look at applying a modern legal perspective with a view to enhancing resilience in family enterprises

Key points

What is the issue?

Practitioners advising family enterprises should consider the role of a legal structure in cultivating family resilience, which is the greatest predictor of family success against external crises.

What does it mean for me?

Taking the time to consider resilience in the context of legal drafting is a worthwhile and value-added activity; savvy practitioners embed components of resilience into family governance work, which can inform appropriate structures.

What can I take away?

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