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Exit Strategies Toolkit

Exit Strategies Toolkit

Name: Exit Strategies Toolkit
Brand: Law Society Publishing
SKU: 9781784460730
Price: 1071.85 HKD
Availability: InStock
Author: The Law Society
ISBN: 9781784460730

By The Law Society

Law Society Publishing April 2018

Specifications

ISBN-13: 9781784460730
Publisher: Law Society Publishing
Publication: April 2018
Format: Paperback + CD-ROM
Jurisdiction: U.K. ? Countri(es) for reference only

Details

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?

The Solicitors Regulation Authority (SRA) has stressed the need for firms to have an exit strategy in place to prepare for this eventuality, meet regulatory requirements and good practice standards, and avoid potential fines.

The Exit Strategies Toolkit contains a mixture of commentary, procedural checklists, such as a notification checklist, draft policies and precedents, including sample letters to PI insurers and the SRA, to help you to prepare for this eventuality.

1. Introduction
2. Types of exit
3. Planning your exit
4. SRA regulatory issues if you are closing your firm
5. New SRA Handbook
6. SRA Accounts Rules
7. Documents and records
8. Specific considerations for different types of practices
9. Insolvency
10. Notifying relevant parties
11. Moving to another regulator or ceasing to be a regulated practice
12. Professional Indemnity Insurance
13. Life after an exit event - options and regulatory considerations
14. List of SRA rules and regulations referred to in the toolkit
15. Further sources of information