CBA Law Center
30 Bank Street
What would happen to your practice or firm in the event of your death or incapacitation? Do you have a succession plan in place? Are you prepared? Some lawyers die at their desks, leaving the cleanup to their partners, other lawyers, or family members. Other lawyers wind down their practices and close the doors. But, there is another alternative that may be the best choice—that is to develop a succession plan under which you can retire gracefully on your own terms, while transitioning the law practice to a successor. In this seminar, you will learn about the challenges attorneys face in closing or transitioning their practices, how to properly plan for the inevitable, valuation of your practice, and post practice insurance concerns.