Closing up Shop?

As we first generation of elder law attorneys reach that point where we decide to retire–or have the decision removed from us, regardless of the reason–the question of closing or selling the law office becomes an important one. Succession planning is more than selling a business-it’s entrusting your clients to someone who will care for and represent them as you did.  It’s not an easy decision to make and not one that happens overnight. How does an attorney reach the decision to close the doors?  The ABA Senior Lawyers Division has delved into this topic, with a webinar on what to do when an attorney becomes incapacitated or dies.

The webinar, So It’s Time: Responsible Planning for Closing the Law Office, was offered in October and post-webinar materials will be available for purchase from the ABA. Plan and be prepared! A good motto for our clients and ourselves.