Law Firm Succession Planning: Ethical, Practical, Responsible

In this one hour webcast, a small firm trial lawyer who also focuses on professional responsibility and law firm technology will discuss the applicable Model Rules of Professional Conduct implicated by the duty to have a succession plan, including Rule 1.3 (Diligence), Rule 1.15 (Safekeeping of Property), and Rule 1.17 (Sale of a Law Practice). He will also outline the basics of lawyer succession planning, including: • transition of active matters, including documenting what events can trigger a transition and the scope of work • transition of closed files and firm data • compensation for successor counsel, including fee division agreements • best practices, such as creating office manuals with key information and maintaining an up-to-date calendar of deadlines