End Game: The Many Considerations Surrounding Law Firm Succession Planning (Virtual)

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Event Description

So, you want to sell your law firm? It’s possible; though, the process may have more twists and turns than you imagine; and, it’s better if you ramp up to it. Or, maybe: You want to buy a law firm. Also possible, with similar twists and turns. Law firm mergers and acquisitions are made on a regular basis – even when it comes to solos and small firms. In fact, those sorts of transactions have been on the rise for the last several years. As older lawyers look to retire, and younger lawyers look to expand their firms – a sale or merger may be just what the doctor (of law) ordered. So, let’s talk over how it’s done.

Join us for this lively program, when we’ll discuss all the ways that law firm associations can ebb and flow, as lawyers decide to wind down.

Specific topics to be addressed will include:
-how to plan for a law firm sale or merger
-actions to take prior to a sale or merger
-selling to an internal versus external buyer
-what happens post-sale?
-what happens if you just want to shut things down?
-what happens if you pass away while still actively managing your law firm? (yeah, it’s morbid: but, we gotta talk about it)

CREDIT(S):

1.0 SUBSTANTIVE CREDIT

SPEAKER:

Jared D. Correia, Esquire
CEO | Red Cave Law Firm Consulting 

Jared D. Correia, Esq. is the Founder and CEO of Red Cave Law Firm Consulting, which offers subscription-based law firm business management consulting and technology services for solo and small law firms.  Red Cave also works with legal institutions and legal-facing corporations to develop programming and content.  A former practicing attorney, Jared has been advising lawyers and law firms for over a decade.  He is a regular presenter at local, regional and national events, including ABA TECHSHOW.  He regularly contributes to legal publications, including his column, ‘Managing,’ for Attorney at Work, and his ‘Law Practice Confidential’ advice column for Lawyerist.  Jared is the author of the American Bar Association publication ‘Twitter in One Hour for Lawyers’.  He is the host of the Legal Toolkit podcast on Legal Talk Network.  Jared also teaches for Concord Law School, Suffolk University Law School and Solo Practice University.

QUESTIONS?
Email Lexi Driendl (cle@lancasterbar.org), Continuing Legal Education & Marketing Coordinator