The Law Society has issued updated guidance on what must be done when closing down your legal practice.

The practice note outlines the regulatory requirements that you need to consider and sets out the actions that must be taken.

Closing down a firm requires forward planning and the process differs depending on whether or not there is a successor practice in place.

For further information about the successor practice rules consult the Law Society's Professional Indemnity Insurance (PII) practice note.

Click here to read the guidance [updated 25 August 2017].