Law Practice Management

Law Practice Management

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LPM Tip

Closing a small law practice – The short list
Whether you are changing careers, retiring or merging with another firm, there are many reasons why you might need to close your law office. Even if you don't have plans to do so any time soon, it is prudent to prepare a succession plan for when the time comes (particularly if due to unforeseen circumstances) to make the process as seamless as possible. With a plan in place, you'll know exactly what needs to be done and how to do it within the confines of your fiduciary duties. Here are five essential steps that you'll need to build into your plan:...continue reading
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