3 hours SRA CPD. (Seminar)
Chris Frederiksen, Chairman, 360 LegalGroup
Who should attend?
- Practice Directors
- Practice Managers
- Senior Partners
- Managing Partners
- Partners.
Plan for the future and minimise your risk, business disruption and financial problems, when a Partner is absent or leaves in planned or unplanned circumstances.
Many Law Firms’ Partners are coming up to retirement and have no effective plan to deal with this event. Are you happy that you have every angle covered for when this change occurs?
Agenda
- How up-to-date and relevant are your Partnership agreements?
- How will you pay out a Partner’s Capital Account?
- Will you suddenly find someone else in the Partner’s place?
- Should you still be a Partnership?
- What are the benefits and drawbacks of an alternative to the Partnership model?
- What would happen if a Partner falls ill for a significant period of time?
- How would you go about recruiting new Partners?
- What training should a new Partner have?
- Creating a clear Plan for your Practice
Our experienced Facilitators use a unique system to ensure agreement and progress. The use of an external facilitator has proved time and time again to improve the outcome by achieving consensus and stimulating more creative solutions.
Timing: Takes 1 day for up to 4 Partners and 2 days for more than 5 partners
Outcomes:
- Reduced concern about the future
- Reduced financial risk
- Improved communication and trust between Partners
- Improved feeling of control of a vital aspect of your business
