Exit Solutions for the Small Law Firm

September 20, 2017

Webcast only
8:20 a.m.
3 MCLE Credit Hours

This program is for the solo practitioner or small firm facing a major transition now or in the future. It will provide an overview of legal, tax, and ethical considerations related to exit planning, including:

  • Calculating value for the contingency-based practice
  • Financing options
  • Internal versus external transfers
  • Of-counsel arrangements (ABA 90-357),
  • A checklist for closing a solo practice
  • Alabama Bar Rules for retention, storage, and destruction of client files (Ala Ethics Opinion 2010-02)
  • Protecting clients in the event of lawyer’s disability or death (Ala Bar rule 1.1 & 1.3). 

The program will also host a panel discussion of attorneys who have gone through similar transitions successfully.

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TO REGISTER FOR THE WEBCASTClick Here and follow the on screen instructions.


The Schedule

8:30     Legal, Ethical and Tax Considerations: An Overview

  • Calculating value for the contingency-based practice
  • Financing options
  • Internal versus external transfers
  • Of-counsel arrangements
  • A checklist for closing a practice
  • Alabama Bar Rules for retention, storage, and destruction of client files
  • Protecting clients in the event of lawyer’s disability or death

Laura K. Gregory, Laura K. Gregory PC, Northport
Angela B. Hamiter, JamisonMoneyFarmer PC, Tuscaloosa
Paula McLendon, George W. Harris PC, Tuscaloosa

10:30   Break

10:40   Panel Discussion: Practical pointers for the attorney facing a transition now or in the future from attorneys who have gone through similar transitions successfully.

Steve Ford
Robert Morgan
Kitty Whitehurst

11:40 Adjourn