NYS Bar Association updates essential business planning guide for attorneys

The New York State Bar Association (NYSBA) has announced the release of an updated version of its vital business planning guidebook for lawyers. Titled “The Planning Ahead Guide: How to Establish an Advance Exit Plan to Protect Your Clients’ Interest in the Event of Your Disability, Retirement, or Death,” this comprehensive guide provides New York attorneys with crucial information on preparing for unforeseen circumstances.

“The Planning Ahead Guide is a resource we offer to any attorney to protect themselves, their business and their families,” said NYSBA President Richard Lewis. “We encourage all New York attorneys to take advantage of this valuable resource.”

Now in its third revision, the 2023 edition of the guide has been meticulously compiled by the NYSBA’s Law Practice Management Committee. The updated guide reflects modern challenges and solutions, including considerations for social media, contemporary planning tools, updated forms, and government regulations that may impact legal practice.

NYSBA President Richard Lewis highlighted the importance of the guide, stating, “The Planning Ahead Guide is a resource we offer to any attorney to protect themselves, their business, and their families. We encourage all New York attorneys to take advantage of this valuable resource.”

Since its first publication in 2005, the guide has been instrumental in assisting numerous attorneys with business and estate planning. It emphasizes the importance of having a solid plan in place to safeguard both the attorney and their clients’ interests in cases of accidents, disabilities, or unexpected deaths.