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IS YOUR PRACTICE IN COMPLIANCE
WITH RULE 16-119?

In Business Tips, Business Transactions, Lawyer Succession, Rule 16-119 by Kristy Donahue4 Comments

If you’re a practicing attorney in the State of New Mexico, you must have a NM Lawyer Succession Plan. The compliance deadline is October 1st, 2022. WHAT DOES THE RULE SAY? The New Mexico Supreme Court has mandated that all attorneys practicing law in the State of New Mexico have a written succession plan, either alone or as part of a …

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What Is So Important About An Operating Agreement?

In Break-ups & Partnership Disputes, Business Tips, Business Transactions, Departing Partner, Dispute Resolution, Dissolve a Partnership, Lawyer Succession, Litigation & Lawsuits, Partnership Dispute, Partnerships by Kristy DonahueLeave a Comment

It is one of the most important documents associated with your business yet in so many instances it is the least considered.  In fact, a frightening amount of small business owners merely downloaded a generic form and signed it when starting their business with little knowledge as to what was in the document.  The Operating Agreement for your business dictates …

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Today Is a Good Day For a Business Succession Plan.

In Break-ups & Partnership Disputes, Business Tips, Business Transactions, Lawyer Succession, Partnerships by Kristy DonahueLeave a Comment

“Unexpected events can set you back or set you up. It’s all a matter of perspective.”  Mary Anne Radmacher Let’s face it. In today’s Coronavirus environment, we are all weighing the “What If’s?” in our heads. All the things as a business owner you thought you could put off until tomorrow need to be addressed… today. Having a business succession …