New Edition of the Succession Planning Toolkit Now Available

Last year, the State Bar's Law Practice Management Committee published the Succession Planning Toolkit. This all-encompassing guide provides assistance and guidance on the transition of a law practice. The Law Practice Management committee has collaborated once more to launch a new and improved edition of this essential legal resource for 2025.

Click here to access the Succession Planning Toolkit, 2nd Edition.

The second edition of the Succession Planning Toolkit delves further into the steps of succession planning, including:

• Designating a Custodian Attorney
• File Management and Ensuring Password Access
• Sudden Cessation of Practice and Custodianships
• Transition Planning

New Forms and Checklists to Streamline the Succession Planning Process

The Toolkit provides updated information throughout, including significant updates to the section covering the sale of a practice. Sample language has been added for inclusion in retainer agreements and in estate planning documents. New forms and checklists have all been added.

New and/or updated forms include:

• Sample Custodian Agreement
• Letter to Active Clients
• Letter to Closed Clients
• Client’s Receipt of Their File
• Client's Authorization to Transfer File
• Clients Authorization to Destroy File
• Entry of Appearance and Substitution of Counsel
• Motion for Substitution & Withdrawal of Counsel

The free-to-use Succession Planning Toolkit, 2nd edition, will prove itself to be an indispensable resource for transitioning a law practice. Click here to access the new and improved Succession Planning Toolkit.