Getting ready to retire or know someone who is? Don’t miss this special CLE session covering what every lawyer needs to understand about preparing for retirement and successfully ending a legal practice.
Finish Strong is divided into two parts. Part 1 focuses on the personal side of retirement, with advice on getting started with Medicare and Social Security. Part 2 highlights what’s necessary for ensuring your clients, files, and other aspects of your practice are ethically managed as you leave practice.
Part 1: Understanding Social Security & Medicare
Even for elder law attorneys, navigating Social Security and Medicare can get complicated. Laura Schimberg, Elder Benefit Specialist at the Aging and Disability Resource Center of Ozaukee County, answers common questions and goes over important information on Social Security, including:
- How to sign up for Social Security
- Key factors to consider when signing up, including age
- Benefit coordination
In addition, discover Medicare details that can help you make smart coverage choices, including:
- What’s covered by Medicare Parts A & B
- Gaps in coverage
- Medicare Advantage v. separate drug coverage and other insurance options
- Employer or retiree health insurance
- Spousal considerations
Part 2: Challenges in Practicing Law and Retiring
For lawyers, retirement isn’t as simple as boxing up office decorations. From informing your current clients to closing your firm, retirement involves plenty of careful preparation. Risk managers, ethics counsels, and even a judge come together for a panel discussion on how to ethically retire from legal practice. Topics include:
- Closing, transferring, or selling a practice
- Disclosure of clients and files
- Assuring continuity of service to clients
- Succession in event of death, disability, or health issues
- Practicing pro bono or giving informal advice in retirement
Prepare yourself and your practice for a successful retirement with help from Finish Strong.