Description: Every firm is unique, but many share a common concern how to deal with the aging demographic of its owners and the resulting financial implications. As a best practice, your law firm needs to be proactive about the planning for the monetary implications in the retirement process, so that when the right time comes, partners can retire and clients will stay. Join this webinar and receive the important steps of an effective long-term succession plan.

Objectives:

• Review the financial elements essential to a successful transition
• Determine what results to measure to guide the firm in its planning and what financial incentives can be instrumental to a successful plan
• Discuss ways to integrate younger attorneys into the financial management activities of your firm
• Identify financial obstacles that can hinder the effective transition of clients
• Discuss impact to firm of payment obligations to departing partners
• Examine effective compensation plans that can help firms accomplish their strategic goals and meet their succession-planning objectives

CLM Credits: (Note that only the CLM credit available for this webinar is stated below. If a credit is not stated, it is not available for this program.)

CLM Recertification Credit: 1 hour in the subject area of Legal Industry/Business Management (LI)

CLM App Credit for Functional Specialists: 1 hour in the subject area of Legal Industry/Business Management (LI)  towards the additional hours required of some Functional Specialists to fulfill the CLM application.

Practice Areas:		Business, Finance, and Accounting
Online Media Type:		Interactive Text
Production Date:		04/15/2015 3:00 PM EDT
Level:		Basic
Category:		Standard
Duration:		1 Hours, 0 Minutes
Online Format:		Live

WEBINAR INFORMATION

The Mile High Chapter has purchased all of the National Association webinars. They will be available for viewing on the scheduled date and time. There is no cost for members to attend. You should bring your own lunch.  If we do not have 6 members registered, we reserve the right to cancel the webinar.  Webinars will be held at two locations. Thanks to Stacie Hedrick and Linda Gross for hosting them for us.

Office of Stacie Hedrick, Legal Administrator

Welborn Sullivan Meck & Tooley, P.C.

1125 17th Street, Suite 2200, Denver, CO 80202

EMAIL: [email protected]

MAIN: 303-830-2500

Office of Linda M. Gross, Firm Administrator

Fleishman & Shapiro P.C.

2000 S. Colorado Blvd Tower One, Suite 9000, Denver, CO 80222

EMAIL:  [email protected]

MAIN:    303- 861-1000

Tickets

$0.00 Webinar

$0.00 Guest