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On Demand

Succession, Setbacks and Sale: Planning for the Future of Your Practice


Total Credits: 3 CLE, 3 Ethics

Average Rating:
   22
Categories:
Law Practice Management & Technology |  Legal Paraprofessional Resources
Faculty:
Jennifer B Fite |  Lowen Charles Jones |  Victoria Collier
Format:
Audio and Video
Original Program Date:
Jan 22, 2025


Description

You will learn:

  • How to assess and enhance the marketability of your practice.
  • Strategies to plan and prepare with a sale in mind.
  • The importance of creating a comprehensive succession plan.
  • Practical steps for implementing a successful succession strategy.
  • Additional requirements for solo practitioners.

Chair:
Jennifer Fite, Lawyer Assistance Program Director, State Bar of Arizona

Faculty:
Victoria Collier, Quid Pro Quo Law
Lowen C. Jones, Esq., Managing Attorney, Marble Law PC

Handouts

Faculty

Jennifer B Fite Related Seminars and Products

State Bar of Arizona


Jennifer Fite is the Lawyer Assistance Programs Director for the State Bar of Arizona. Before joining the Bar, Jennifer had a varied career working primarily in civil litigation, most recently serving as Litigation Attorney and Managing Partner of a small firm. Jennifer has a Juris Doctorate from Southern Illinois University School of Law, Carbondale and received her Bachelors of Arts in International Relations from the University of Southern California. She has been licensed to practice in the State of Arizona since 2002 and is also admitted to practice in the U.S. District Court for the District of Arizona and the United States Supreme Court. She is a past Judge Pro Tempore.


Lowen Charles Jones Related Seminars and Products


is the Managing Attorney at Marble Law, PC in the Arizona Market, where he focuses primarily on family law, guiding clients through matters such as custody disputes, spousal maintenance, and property division. His approach to legal practice is underscored by financial acumen, developed during a successful banking career where he revitalized struggling branches into top performers. Today, Lowen leverages this unique background to bring a strategic, solutions-oriented perspective to his firm and to the Arizona Black Bar (ABB), where he serves as Treasurer.

Inspired early in life by the professionals he met through his aunt—most notably a judge who sparked his interest in the legal field—Lowen is committed to supporting the next generation of lawyers and strengthening the broader legal community. He actively participates in volunteer initiatives, including the Family Law Assistance Project, AZ Court Help Legal Talks, and Family Law Legal Clinics, as well as the occasional family member who asks politely. Through this work, he strives to enhance public access to legal knowledge and services.

Now, as a co-presenter at the upcoming CLE program focused on succession planning and aligning with Arizona Rule 41, comment 2, Lowen will share insights into establishing a responsible framework that safeguards clients’ interests should an unforeseen event occur. Recognizing that ethical and business continuity considerations are essential elements of every practice, Lowen aims to equip fellow attorneys with strategies to help ensure their firms’ stability—and by extension, the continued protection of the clients we serve—well into the future.



Victoria Collier Related Seminars and Products


is a nationally recognized expert in law firm valuation, succession planning, and practice sales. After founding and successfully running her own estate planning and elder law firm since 2003, Victoria sold her practice in 2020, giving her firsthand experience in the complexities of law firm transitions. Victoria consults with lawyers on how to increase the value of their businesses, equipping them with strategies to optimize operations, maximize profitability, and prepare for eventual transitions. As the founder of Quid Pro Quo, LLC (www.QuidProQuoLaw.com), since 2021, she has conducted over 100 law firm valuations and facilitated more than 25 law firm sales and acquisitions, helping attorneys navigate one of the most critical financial transactions of their careers. Victoria is a Certified Exit Planning Advisor (CEPA) and Certified Value Builder Advisor (CVBA), bringing a data-driven and strategic approach to law firm exits. She is also the host of the widely followed Smart Lawyers Position to Transition podcast and manages The Art of Buying and Selling Law Firms, a private Facebook group dedicated to supporting lawyers in their transition journeys. Victoria was recently granted the ability to own a law firm in Arizona under the under the Alternative Business Structure rules. With over two decades of experience as both a lawyer and business owner, Victoria’s insights are rooted in real-world practice. She is passionate about helping attorneys take control of their financial futures by understanding, growing, and capitalizing on the value of their firms. It is her goal to help law firm owners find their path to a Life After Law®. For more information, visit www.QuidProQuoLaw.com.


Reviews

5
4
3
2
1

Overall:      4.7

Total Reviews: 22

Comments

Michael C

"Made me think about a lot of things I need to get done. Thanks for the wake-up call."

James G

"A lot of good information and ideas about selling the business and succession planning."

Harold G

"Please advise presenters not to merely read their slides."

Ernest C

"One of the most worthwhile programs for old lawyers like me."

John T

"This had excellent practical advice that I will implement. I appreciated the thorough knowledge of the presenters. "

Amy F

"Very practical information presented by knowledgeable speakers "

Kathleen N

"informative and helpful guidance"

David H

"I have been thinking and speaking to lawyers about succession and when it comes to sale I have not had any real conversations with anyone who knows how to evaluate a practice. Today was invaluable to me on where to start "

Mark W

"Well drafted materials"

Mark W

"Informative and actionable. Provided information about safeguarding client's position and avoiding malpractice."