Business management

Closing down your practice: regulatory requirements

This practice note outlines the regulatory requirements to consider when closing down your practice.

There are numerous actions that need to be taken, so closing a practice needs forward planning. The process will vary according to whether there is a successor practice.

For further information about the successor practice rules, consult our practice note on professional indemnity insurance (PII).

This practice note is the Law Society’s view of good practice in this area, and is not legal advice. For more information, see the legal status.