Close, Merge or Sell – How to Leave the Legal Profession Elegantly as a Sole Practitioner or Small Firm

In the year between August 2017 and July 2018, 351 law firms ceased practicing. Relevant principals will now be relying on run off cover to protect them in their retirement from law. Run off cover is a significant expense. For all of the 351 legal principals above, there are more unable to shut up shop [...]