Succession Planning for Small Firms & Solo Practitioners
How to prepare for the future
- Product Number: 2200037RBC
CLE Credits, earn up to:
3 substantive credits, 0 ethics credits CLE Credit Note
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Many solo and small firm practitioners invest substantial time and effort into building a successful law practice. With everyday activities and concerns at the forefront, it is often hard to spend time planning for the future. Making time for strategic succession planning, however, is critical for those who want to maintain and sustain their business—both in the present and in the future.
Similarly, law firms allocate significant resources to growing their practices, clients, and profitability. While many firms grow by acquisition, typically, those focus areas do not include growth by succession planning. A practice that is succeeded well translates to a powerful growth and business development tactic for law firms. Improving the efficiency of the onboarding and succession processes has a direct impact on the firm’s bottom and top lines.
In this program, expert panelists provide in-depth analysis about two sides of the same coin: succession planning and business development for lawyers. Hear about the BBO’s In-House Commissioner Program and gain insights into what happens if an attorney does not have a succession plan in place. Attendees come away with practical and demystified techniques to capitalize the value of a lawyer’s practice.
Agenda & Materials
Succession Planning for Lawyers: Addressing, Selecting and Prioritizing the Options
Both Sides Now: Understanding, Improving and Managing the Processes
Contingency Planning for Death or Disability
Selling Your Plan: How to Structure and Position the Succession Plan from the Perspective of the Successor Law Firm
The Day After: Addressing the Issues, Opportunities, and Mistakes to Avoid When a Succession Planning Attorney Joins a Successor Law Firm
Applicable Rules of Professional Conduct
Professional Liability Insurance Issues
“Ask the Experts” Q&A Session
MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
- $220.50 - MCLE Sponsor Member
- $183.75 - New Lawyer
- $183.75 - Pending Admittee
- $183.75 - Law Student
- $183.75 - Paralegal
- $245.00 - All Others
Available FREE with an MCLE OnlinePass® subscription.