Succession Planning and PI Insurance
Is succession planning proving a problem for your practice?
As difficult as the process might be in identifying and of course securing the mechanism by which the right people might step up or join you as partners look to retire, the problem may become even harder where such succession plans might involve another practice.
Have you considered fully the possibility you may be deemed to be ‘holding out’ ? Get this wrong and you could find yourselves inadvertently deemed a ‘successor’ practice with serious repercussions for the availability and cost of Professional Indemnity Insurance (PII).
To read on, visit the link on the right hand side of this page or click here.
Disclaimer: MFL is happy for articles to be used in reputable publications, websites and companies in a public domain.
Third parties that haven’t directly received this article in the form of an electronic press release must receive express permission from MFL, the sole owners of all of this website’s marketing and PR content.
To receive permission to use this article or to make further enquiries, contact MFL’s Marketing and Development team.