Exit Strategy for Law Firms Briefing 2017 | Salford Professional Development | 13 June 2017 | Manchester, England

"Firms have professional responsibilities, and those responsibilities remain when a firm is closing down.” - Gordon Ramsay, Solicitors Regulation Authority
Succession planning is the most immediate and complex challenge facing the legal profession. Retirements, transitions and firm closures have serious legal and financial implications for everyone involved. But despite the average age of law firm partners rapidly approaching 60, an alarming number of solicitors do not have a suitable exit strategy in place.
In a single month in 2015, the Solicitors Regulation Authority issued £11,000 in fines to law firms which failed to close down their businesses in line with proper procedures. The Law Society has strongly advised members to have a plan in place to identify a successor practice, secure professional indemnity insurance and safeguard sensitive client data.
The Transitions in Law Firms Conference will provide invaluable insights for legal professionals looking to wind down their practice or exit their current firm.

Speakers for 2017

Robert Bourns,
President of the Law Society

Robert Bourns,
President of the Law Society

David Middleton,
Director of Enforcement at Solicitors Regulation Authority

Edward Nally,
Chair, Solicitors Disciplinary Tribunal

Carol Mynott,
Director, PwC

Andrea Delay,
Head of Professional Services, Barclays Bank

Andrew Cromby,
Partner, Litigation and Partnership, Bracher Rawlins

Ian King,
Lecturer in Law, Salford University

Robert Bourns,
President of the Law Society