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Succession Planning For Lawyers

Mastering the Art of Retiring

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Course Description:

This is a practical and comprehensive look at the many and various factors and risks that must be considered when planning for one's retirement. The program examines the realities faced by the potential retiree, as well as the hopes and desires the retiree has about his or her upcoming retirement. Some of the topics addressed include the risks involved in winding up a law practice, malpractice insurance issues, and how health and finances impact the plan. The program starts with a focus on backup attorneys as a springboard to a broad overview of succession planning, including how to achieve a rewarding retirement and avoid the many pitfalls one may face during the transition. It is an insightful, thoughtful, and thorough tour de force of the multifaceted issues and risks facing the attorney who is trying to navigate the waters of succession planning and manage the transition into retirement. 

Learning Objectives: 

  • Understand the manifold issues and risks to be addressed by a retiring attorney

  • Apply a practical view as to how to approach and deal with these issues

  • Understand the possibilities available to the retiree following retirement

  • Implement specific steps to be followed in closing the practice

  • Manage the actual transition

  • Navigate malpractice insurance issues of retirement

 

Course Details

 

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