Plan for generational change to put a cork in conflicts
A lawyer specialising in the wine industry says family-run vineyards need to have clear succession plans in place, in order for the industry to remain strong into the future. Wine lawyer Will Taylor said as vignerons aged, businesses needed to prepare for generational change in the industry.
He said there were conflict-avoiding and business-development reasons for having a proper succession plan in place.
“I see the disasters in my job when people don’t plan for succession,” he said.