Succession Planning for the Legal Practitioner

CPD Hour(s)*
0 Substantive
1 h 30 m Professionalism

Most people put off thinking about it, but have you considered what would happen to your law practice, your clients, and your staff in the event of your incapacity or death? You need to have a plan in place for someone to assume your professional responsibilities, to take over your active files, to manage your law practice, or to wind up and sell the practice, if necessary. This E-Course is designed to help you arrive at answers that fit your unique circumstances. It gives you a thorough overview of the considerations essential to planning for the succession of your law or paralegal practice, including what to look for in a replacement lawyer or paralegal, the use of multiple wills to separate personal assets from firm assets, what to include in your partnership or shareholder agreement, and more. The interactive, reflective exercises encourage you to consider which of the many options are best for your firm’s future and give you a head start on finalizing your succession plan.