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Simpler succession and exit planning

Our new resource supports solicitors in managing succession and exit planning effectively and professionally.

Article Published:
  • Regulation

It features case study categories offering valuable insights into challenges practices experience. There are currently four categories, which contain a range of scenarios:   

1. Change of structure

How to navigate changes of structure and regulatory requirements to ensure a smooth succession. This study explores the merger of two sole principal practices; sole principal to partnership; sole principal to new sole principal and partnership to sole principal.

 

2 Merger and acquisition

Success in merger and acquisitions, and regulatory requirements to ensure a smooth succession.

 

3. Death of sole principal 

In-depth examples of regulatory requirements where a sole principal dies, featuring various scenarios for winding up the firm and sale of the firm.

 

4. Cessation in practice

How to navigate cessation in practice for both a sole principal and a partnership practice, and related regulatory requirements.

 

More information