Sharon Davis at Hull & Hull has a new blog entry reminding lawyers that while they often remind clients of the importance of good estate succession planning, they should also give thought to succession planning for their own practices.
Will your clients be looked after in the event of your sudden death or incapacity? You’ll find some good practical tips here, including: making arrangements in advance with another lawyer, having your critical information stored in an easily accessible (to the assisting lawyer, at least) location, and having appropriate Powers of Attorney in place. You’ll also find links to guidelines and toolkits offered by the Law Societies in Ontario and British Columbia as well as from the Solo & Small Firm Conference held in Toronto recently (this material can be purchased online).
Cross posted at Avoid a Claim