Turning out the lights
By Donald E. Weihl
Law Office Management and Economics, Standing Committee on,
September 2012
Selling a practice requires planning that begins long before the actual sale transaction is to take place. Here's a look at some of the usual steps to be taken in the sale process.
Law firm succession/exit strategies: Ideas for getting started
By John W. Olmstead
Law Office Management and Economics, Standing Committee on,
June 2010
You should make a succession/exit plan as soon as possible—not just for retirement but for unexpected situations as well—so that your family, employees and clients are not left in the dark if something should happen to you.
Editor’s column: The petition is filed! It is now up to the Supreme Court
By John T. Phipps
General Practice, Solo, and Small Firm,
January 2004
On January 15, 2004, the ISBA filed with the Illinois Supreme Court a petition titled "In Re the Matter of Proposed Amendments to Illinois Rules for Professional Conduct to Allow and Regulate the Sale and Transfer of a Solo Practitioner's Law Practice" MR19235.
Editor’s column: Sale of a solo practice update
By John T. Phipps
General Practice, Solo, and Small Firm,
January 2003
We have received a number of excellent comments and suggestions about the proposed transfer of a solo practice and made changes to the original proposed draft rules.
Practice transition problems of solos
By Bernard Wysocki
General Practice, Solo, and Small Firm,
January 2002
Probably, the most important project that the General Practice, Solo and Small Firm Section Council has been working on this year, is the work on the proposal for changes to the Rules of Professional Conduct allowing the sale of a law firm by sole practitioners.
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