OHIO ETHICS GUIDE: SUCCESSION PLANNINGJune 23, 2017 — Columbus, OH | Download PDF | Media Contact: Antionette Goff
The Ohio Board of Professional Conduct recently issued the Ohio Ethics Guide:Succession Planning. The Board indicates the ethics guide is a preventative tool to assist Ohio attorneys in developing a succession plan. This ethics guide does not discuss the sale of a law practice.
The ethics guide addresses the ethical reasons for having a succession plan and lists the core elements of a succession plan. The ethics guide discusses designating a successor lawyer, notifying clients and potential conflicts of interest.
The ethics guide looks at the importance of having good law office management practices and an up-to-date office procedure manual.
Procedures for IOLTA and operating accounts conclude the guide.
If you want to learn more about what you need to do to get a successor attorney in place for your practice, plan to attend the CLE Succession Planning: What you Need to Know to Appoint a Successor Attorney for Your Practice presented by Gretchen Mote on Thursday, August 24, 2017 at the All-Ohio Legal Forum.
OBLIC is dedicated to protecting Ohio lawyers and their clients and has carried this mission for over three decades. OBLIC was incorporated on December 5, 1978 and commenced operations on September 1, 1979. The company was formed in response to an ongoing insurance crisis among Ohio attorneys. OBLIC's headquarters are located at 1650 Lake Shore Drive in Columbus, Ohio