General Practice, Solo & Small Firm DivisionMagazine

Volume 17, Number 1
January/February 2000


The Chair's Corner Sharon C. Stevens
       State of the Section.

From the Editor jennifer j. rose
       The Horizons Beyond.

Who Is "Bill W."? John W. Clark, Jr.

Legislative Update E. E. Anderson
       Comprehensive Test Ban Treaty Not Ratified, Republican Tax Bill Fails, Campaign Finance Reform.

The Business of Law® Edward Poll
       Law Firms for Sale...Everyone Benefits. J. Michael Jimmerson
       Technology Consulting.


Sunsetting a Law Practice Laura Gatland

From the run-of-the-mill retirees, to partners who find better opportunities elsewhere, to small firm lawyers who can't make a go of it, these "war stories" explain why and how lawyers are closing up shop.
       Closing Your Practice

Sale of a Law Practice Robert L. Ostertag

Reversing years of discrimination against solo practitioners by court rulings and bar association ethics decisions, heros like Donald Rikli have convinced many jurisdictions to allow the sale of a law practice.
And the mission continues.

       What Rule 1.17 Says

Buy-Sell Agreements: Insuring Your Future Sharon A. Merkle

Valuation of a Law Practice James D. Cotterman

What's being transferred can be separated into two components:
the business-hard assets less outstanding debt, and the practice-the immediate stream of revenues plus the referral sytem.

       Table 1: Arriving at a Reasonable Multiple

The Transitioning Lawyer: How to Meet Your Ethical Obligations Marcia L. Proctor

You can't control every aspect of future transitions, but agreements with backup counsel can help.

Lawyer Dispute Resolution Programs: What Are They and How Do They Work? Kris Wenzel

State bar associations are setting up programs to help you resolve professional and economic disputes with other lawyers.

Semi-Retirement from Private Practice: One Lawyer's Story Daniel R. Heiden

Easing out of practice, one lawyer makes important decisions about his firm's cases, clients, files, and lease.

Risk Management: Protecting Your Clients and Your Assets in Your Absence Ann Massie Nelson and Melvin G. McCartney

The liability for your work continues after you retire, go of counsel, become disabled, die, or sell your practice. Make the right insurance decisions.

Business Resumption Planning Michael Polelle

In case of flood, fire, power outages, or other disasters, protect your firm against loss of revenues and liability to other businesses and employees.
       Table 1:Business Interruption Events
       Business Interruption Insurance

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