Can I Sell My Practice?

The LPM Department Closing a Practice, Law Practice Management

April 30, 2025Can I Sell My Practice?Written by Gregory W. Sampson and Rebekah Steely BrookerShare this PostWith the undeniable graying of our profession, more lawyers are facing retirement and, for some less fortunate, an unplanned early termination of their practice by disability, death, or other circumstances. This leads lawyers and their families to ask whether …

Practice Tips on File Destruction

The LPM Department Closing a Practice, Law Practice Management

Closing a Practice |Law Practice ManagementPractice Tips on File DestructionWritten byThe LPM DepartmentOctober 21, 2024Share this PostIntroduction In Texas, there is no bright line rule that states when a client file can be destroyed. Thes practice tips are based on the Texas Disciplinary Rules of Professional Conduct and the guidance provided in a few ethics opinions. …

An attorney sitting at his desk just before he closes his law practice

Checklist for Closing Your Own Practice Without a Successor

The LPM Department Closing a Practice, Law Practice Management

Law Practice Management |Closing a PracticeChecklist for Closing Your Own Practice Without a SuccessorWritten byThe LPM DepartmentSeptember 20, 2024Share this PostIt is important to create a transition plan with a timeline for closing your practice when you do not intend to sell your practice or transfer it to a successor attorney or firm. The following checklist …

A well-dressed attorney using a fountain pen to sign a stack of papers.

The Arc of a Lawyer’s Law Practice

The LPM Department Closing a Practice, Law Practice Management, Succession Planning

Closing a Practice |Law Practice Management|Succession PlanningThe Arc of a Lawyer’s Law PracticeWritten byThe LPM DepartmentOctober 2, 2020Share this PostThe pace of change continues to accelerate. The profession can expect cessations issues as part of the fallout. The discipline of law practice is changing. In Texas, regional offices of the Chief Disciplinary Counsel encountered an increase …

A middle-aged concerned attorney sitting at this desk

How To Protect Your Clients and Firm in the Event of Death, Disability, Impairment, or Incapacity

The LPM Department Closing a Practice, Law Practice Management, Succession Planning

Law Practice Management|Closing a Practice|How To Protect Your Clients and Firm in the Event of Death, Disability, Impairment, or IncapacityWritten byThe LPM DepartmentSeptember 4, 2020Share this PostThis information is designed to help you protect your clients’ interests in the event you are suddenly rendered unable to practice law. With some advanced planning, you can ensure …

A male judge reading a document in his chambers.

What to Do When an Attorney has Abandoned His Practice, Is Incapacitated, or Deceased

The LPM Department Closing a Practice, Law Practice Management

Law Practice Management|Closing a PracticeWhat to Do When an Attorney has Abandoned His Practice, Is Incapacitated, or DeceasedAssumption of Jurisdiction, A Guideline for Judges or Other Interested PersonsWritten byThe LPM DepartmentSeptember 4, 2020Share this PostAttorneys are aging. Because of a weak economy many attorneys are sole practitioners (while others never wanted anything other than to practice …

A person using a laptop and marking off an illustration of a checklist floating in midair.

Checklist for an Attorney Who Closes Another Attorney’s Office

The LPM Department Closing a Practice, Law Practice Management

Law Practice Management|Closing a PracticeChecklist for an Attorney Who Closes Another Attorney’s OfficeWritten byThe LPM DepartmentSeptember 4, 2020Share this Post×Click here to print the PDF version of this document This checklist is intended as a guideline only as circumstances surrounding the closing of a law office vary. ☐ Check the attorney’s calendars to look for …

Silhouettes of two people shaking hands in a high-rise building with the sunset in the distance

Best Practices When Selling A Practice

The LPM Department Closing a Practice, Law Practice Management, Succession Planning

Law Practice Management|Closing a PracticeBest Practices When Selling A PracticeWritten byThe LPM DepartmentSeptember 3, 2020Share this Post×Click here to print the PDF version of this document One of the most misunderstood “non-rules” in the Texas Disciplinary Rules of Professional Conduct (TDRPC) is the so-called ban on selling a legal practice. There simply is no such …