Succession Planning 101 for Solo and Small Firms
Expired
Program Number
3278
Program Date
2022-04-08
CLE Credits
1
Lawyers have an ethical obligation to diligently handle client matters, and to assure the efficient transition of client matters should they become disabled or die. Many attorneys, including solo and small firm attorneys do not have succession plans, and many states do not require attorneys to have such a plan or to designate a successor attorney.
The duty to have a success plan implicates many Model Rules of Professional Conduct, including Rule 1.3 (Diligence), Rule 1.15 (Safekeeping of Property), and Rule 1.17 (Sale of a Law Practice).
This program will outline the basics of lawyer succession planning, including transition of active matters, transition of closed files and firm data, and compensation for successor counsel.
Available in States
- California
- Colorado
- Georgia
- New Jersey
- New York
- Texas Self Study
Program Categories
- Administrative Law & Regulations
- Business Organizations & Contracts
- Ethics & Professionalism
- Federal Courts
- Regulatory and Administrative Law
PROGRAM CREDITS
- Legal Ethics : 1 Credit
