Checking Out: Ethical Considerations for Stepping Away From Your Practice (OnDemand)

Originally held on Wednesday, April 10, 2024 | 12:00 pm – 1:00 pm

• Description
• Faculty
• Agenda
• CLE Credit
• Sponsors

• Planning a vacation or thinking about winding down your practice? Before boarding the plane or closing your firm’s doors, ensure that you comply with your ethical obligations and tie up the necessary loose ends. This webinar will cover the applicable ethics rules related to planning for a temporary absence from your practice, establishing a successor attorney, and considerations when planning your retirement. Join Attorney Protective Risk Management Attorneys, Erin McCartney and Kate Gould, as they discuss best practices to avoid possible ethics violations whether you are going on vacation or closing your practice. New York Rules of Professional Conduct will be referenced.

  Program Fee:
  $29 for Members | $99 for Non-Members

• Erin McCartney
  Attorney Protective

  Kate Gould
  Attorney Protective

• 12:00 pm – 12:05 pm
  Introduction Attorney Burnout and Law Firm Employment Trends

  12:05 pm – 12:15 pm
  Vacation Mode Activated
  

  • Rule 1.1: Competence
  • Rule 1.3: Diligence
  • Rule 1.4: Communication
  • Pre-vacation Checklist
  • Tips for Maximizing Your Time Out of the Office

  12:15 pm – 12:30 pm
  Succession Planning
  

  • Rule 1.3: Diligence – Untimely Death or Incapacity
  • Considerations When Identifying a Surrogate
  • New York State Law Examples
  • Setting Up Your Surrogate for Success

  12:30 pm – 12:40 pm
  Retirement
  

  • What Needs to be Done?
  • Rule 1.4: Communication – Notifying the Client
  • Buying a Law Practice from a Retiring Lawyer

  12:40 pm – 12:55 pm
  Closing Your Practice
  

  • File Retention, Return, or Transfer? Ethical File Retention or Destruction if the Firm is Continuing
  • Dissolutions and Tax Implications
  • Rule 1.15: Trust Account Recordkeeping
  • Practical Guidance

  12:55 pm – 1:00 pm
  Insurance Considerations to Closing Your Practice

• CLE Credit:
  New York: 1.0 Ethics
  New Jersey: 1.2 Professional Responsibility
  California: 1.0 Professional Responsibility
  Pennsylvania: 1.0  Professional Responsibility
  Connecticut: Available to Licensed Attorneys

• Thank you to our sponsors.

  

  

   

  Co-Sponsoring Organization:
  Small Law Firm Center

  Sponsorship Opportunities are Available! Please Contact:
  Yelena Balashchenko, Manager, Business Development & Sponsorships | (212) 382-6608 | ybalashchenko@nycbar.org