Closing a law practice is not as simple as turning off the lights.

Whether you are retiring, downsizing, or moving to a new firm, winding down your practice carries significant ethical, financial, and malpractice responsibilities.

As outlined in this Guide, Winding Down a Practice, attorneys must navigate client notification requirements, trust account reconciliation, file retention rules, conflict considerations, insurance coverage, and court obligations.

Law school does not prepare lawyers for this phase of practice. Yet missteps during closure can expose you to disciplinary action, client complaints, and uncovered malpractice claims.

This guide walks you through:

• The ethical framework governing practice closure

• Required client, court, and opposing counsel notifications

• Trust account reconciliation and unclaimed property procedures

• File retention and destruction obligations

• Tail coverage and malpractice risk management

• Appointing a custodian attorney

• Additional requirements when joining a new firm

If you are even considering retirement or transition in the next several years, planning early can protect your clients, your license, and your legacy.

Download the guide and take the first step toward a compliant and confident practice transition.