Everyone needs to plan for retirement or succession. But as an owner of a firm or a partner or associate, you face a distinctive challenge in that you must save for your golden years while also creating, updating and eventually executing a succession plan.
Unfortunately, in the current landscape, this may come sooner than planned. If this happens today, next year or many years to come, it is important that you have a plan in place.
This on-demand video will cover
- Steps to take if you close your practice
- Selling your practice
- Succession planning in law firms
- Planning issues for the “suddenly retired”
Recorded on April 22, 2020.