3 Hours SRA CPD

Speaker: Chris Frederiksen 

Getting your firm's structure right is essential.  Should you continue in the traditional form of Partnership or is it time to consider becoming an LLP or a Limited company? 

Many firms have Partners who are coming up to retirement - but they have no effective plan to deal with succession, retirement pay-out or client retention.  This seminar will deal with all of these critical issues. 

Topics Covered:

• What are the benefits and drawbacks of an alternative firm model?
• How up-to-date and relevant are your Partnership agreements?
• How will you pay out a Partner's Capital Account?
• Does the firm have any goodwill and how will you pay for it?
• What would happen if a Partner became critically ill or disabled for a significant period of time?
• How would you go about recruiting new Partners?
• How do you strucutre a new Partner's buy-in?
• Creating a clear Strategic Plan for your Practice.