Exit Strategies Toolkit

(Law Society, 2018) by Tracey Calvert and Helen Carr
In association with the Law Society’s Risk and Compliance Service

Every year firms close for a variety of reasons, including sale or merger, but what happens if you haven’t prepared to exit the market?

There are a number of regulatory processes and procedures that must be followed when closing down a firm and the Law Society advises all firms to have a plan in place for the possibility of closure, even if there are no plans to close in the near future.

This unique toolkit contains a mixture of commentary, procedural checklists, draft policies and precedents to help you prepare for this eventuality and comply with obligations to both your clients and third parties. The customisable documents are included on the book’s accompanying CD.