Q&A Segment of Episode 7 of “The Ask the Law Firm Seller Show”

Episode 7 of the Ask the Law Firm Seller Show includes 3 segments. In Segment 1., host, Jeremy E. Poock, Esq., answers the following 4 questions: (1) When a lawyer sells a practice to another firm, who is entitled to the uncollected receivables for previously billed work? (2) How do the parties in law firm sales typically deal with ongoing ethical obligations such as client file retention, original records, and roles like trustee appointments? (3) How should a lawyer handle malpractice risk in succession planning? and (4) How do you envision the market for law firm sales in the mid-2020s?