This webpage is designed to assist attorneys who may be contemplating or actively involved in the closure of an existing law practice. While no single document or checklist can address all the possible questions or circumstances that an attorney will encounter in the process of closing his/her practice, this ISBA attempts to address the essential responsibilities that will shape the events. Members are encouraged to consult colleagues who may have experience in closing a practice.
Succession Planning Handbook for Iowa Lawyers
The Office of Professional Regulation of the Iowa Supreme Court released the Lawyer Succession Planning Guide in 2011.
The guide, published by the supreme court's Office of Professional Regulation, helps attorneys protect the interests of their clients in the event of disability or death. The guide covers why succession planning is necessary, applicable rules, what happens if no succession plan exists, recommended plans for both sole practitioners and law firms, recommended forms and much more.
The guide is also available on the iowacourts.gov website by clicking in "For Attorneys,” "Professional Regulation,” then "Client Security,” or click here. Questions regarding the guide can be sent to Office of Professional Regulation at firstname.lastname@example.org or 515-725-8029.
Other Online Resources:
Maine Handbook for Withdrawl from the Practice of Law | Maine State Bar Association
Succession Planning Handbook for New Mexico Lawyers | State Bar of New Mexico
Planning Ahead Guide | New York State Bar Association
Closing a Solo Practice: An Exit To-Do List | American Bar Association
Closing the Door Behind You | American Bar Association