When You Go to Heaven, Will Your Practice Go to Hell?

Nobody likes to think about their death or disability, but you’ve got family, employees and clients who rely on you. What will they do if you become disabled or pass away unexpectedly? Put a plan in place now to protect those you may leave behind. My friends and fellow practice management advisors Reid Trautz and Courtney Kennaday discuss these issues in a great article in this month’s ABA LPM Section’s Law Practice Today webzine: When You Go to Heaven, Will Your Practice Go to Hell?

If you want some practical help, notice precedents and checklists, see the Law Society of Upper Canada’s Guide to Closing Your Practice, and LAWPRO’s Mangaging Practice Interruptions booklet. As a supplement to the booklet there is a vulnerabilities assessment chart that you can use to help identify and assess your vulnerabilities.