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Professional Resp./Senior Lawyer Div. PRMCLE Mtg. - Succession Planning and Malpractice Insurance
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 Export to Your Calendar 12/16/2019
When: Monday, December 16, 2019
11:45am-1:00pm
Where: DuPage Judicial Center - Attorney Resource Center
505 N. County Farm Road
3rd Floor
Wheaton, Illinois  60187
United States
Presenter: Jeff Strand, President and CEO of ISBA Mutual
Contact: Barb Mendralla
630-653-7779


Online registration is available until: 12/16/2019
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Joint Professional Responsibility and Senior Lawyer Division PRMCLE Meeting

 

 

 

Speaker: Jeff Strand, President and CEO of ISBA Mutual Insurance Company


Topic: 
The choice lawyers make to plan (or not) succession in their firm impacts stakeholders in their lives. Only 16% of solos and 24% of small firms have prepared a written succession plan. Jeff's presentation will cover:

 

·       The ARDC process for closing a practice when there is no plan in place

·       The 4 biggest hardships in closing a practice without a plan

·       The role of tail coverage (extended reporting periods) in a succession plan

·       Elements of a written succession plan

·       Choosing the right successor

·       Financial considerations

·       The role of your insurance carrier in your succession plan

·       Executing the plan

 


Time: 11:45 am - 1:00 pm

Location: Attorney Resource Center, 505 N. County Farm Rd., Wheaton

Credits: 1 Credit PRMCLE

 

 

 

Questions? Please contact staff liaison, Barb Mendralla at bmendralla@dcba.org or 630-653-7779.

Lunch will be provided to those who register in advance.

 

Only DCBA members will qualify for PRMCLE credit.

 

Handouts will be distributed prior to the meeting.

 

If you register and are unable to attend, please contact the DCBA office at 630-653-7779 so we can cancel your registration.

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