The Lawyer's Guide to Buying, Selling, Merging, and Closing a Law Practice PDF Download

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The Lawyer's Guide to Buying, Selling, Merging, and Closing a Law Practice

The Lawyer's Guide to Buying, Selling, Merging, and Closing a Law Practice PDF Author: Sarina Butler
Publisher: American Bar Association
ISBN: 9781590319321
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
This book is a valuable resource for information on things to consider before and during the process of buying, selling, closing, and merging a law practice. The guide provides advice and tips on: the advantages of buying and selling a law practice; the ethical aspects of acquiring a law practice; valuation of a law firm; tax consequences of retiring a partner's interest in a law firm taxed as a partnership; merging law firms; selling a niche practice; business responsibilities in closing a law practice; the ethical aspects of winding down a law practice; file preservation; and ending client and employee relationships. The guide includes handy checklists, forms, and sample letters as well as several Rules from the ABA's Model Rules of Professional Conduct.