WMU-Cooley Law professor speaks at National Creditors Bar Association conference
WMU Cooley Law School Professor Gary Bauer was a featured presenter at the National Creditors Bar Association’s annual conference in Nashville Tennessee.
During the October event, celebrating the association’s 25th anniversary, Bauer spoke about solo practitioner law firms and how accounting for the firm’s assets is important, during his presentation “Extract Value from Your Practice, Hire to Retire 1+1=3.”
“State bar associations are faced with appointing more and more receivers to close out practices posing for the family, clients, and all those involved with tremendous burdens,” said Bauer, who has been honored with the ABA Solo and Small Firm Trainer Award and State Bar of Michigan Outstanding Achievement Award.
Bauer explained the difficulties faced when attorneys leave their practice. “Ethically, you are required to have an exit strategy. Many solos and small firm lawyers leave real value on the table when they close out their practices.”
He noted that some attorneys do not have an exit strategy. “It is important to identify problems and develop a plan to extract value from your firm and leave your family an asset, not a liability.”
Bauer, who authored “Solo Lawyer B Design: A Plan for Success in Any Practice,” has expertise in estate planning, property descriptions, land use, Medicaid and Medicare, medical directives, and end of life decision making, teaches several clinical courses at WMU-Cooley’s Sixty Plus, Inc., Elderlaw Clinic. He is chair, General Practice Concentration, Secretary and Council Member, Law Practice Management Section of State Bar of Michigan.
Daughter’s life sentence upheld in attack on parents
PORT HURON, Mich. (AP) — The Michigan appeals court has affirmed the life sentence of a young woman from the state’s Thumb region who plotted to have her father killed in 2010.
Tia Skinner was a 17-year-old honors student in St. Clair County at the time. Her case reached the state Supreme Court last year when justices weighed whether juries should determine whether teens get no-parole sentences. The court said the power rests with trial judges.
The appeals court took another look at Skinner’s life sentence and affirmed it Tuesday.
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