Closing A Law Practice

Closing a Law Practice

Taking steps to create a succession plan is an essential step in ensuring that clients’ interests are protected when lawyers are unable to continue practicing law. It could be voluntary life events such as a job transition or retirement; or involuntary situations like a lawyer’s illness, disability or untimely death. Under any circumstances, clients’ interests must be protected, as well as those of the lawyer. As a courtesy of the State Bar of Georgia, the Law Practice Management Program (LPM) has provided closing law office guides which outline the steps a lawyer must take to protect his or her clients in the event of a sudden inability to continue in practice. These guides* can also help attorneys establish an advance exit plan to invoke in the event of disability, retirement or death.