About the webinar:
This webinar comprises 3 one-hour sessions covering each of the compulsory CPD subjects for succession lawyers.
Session 1: Ethics: Will Construction – The Extended Duty of Care of Solicitors in Will Making
Andrew Verspaandonk, Barrister, Victorian Bar, Melbourne
The recent High Court case of Calvert v Badenach brings negligence in will making firmly into view. Understanding a solicitor’s extended duty of care in will making is the subject of this session:
- The legal issues in Calvert v Badenach explained
- Taking instructions for a will – the right way
- The solicitor’s extended duty of care – what does this mean?
- What are the limits to this duty of care, if any?
- Giving effect to the testator’s true intentions in will making
- Does advice need to extend to possible family provision claims?
- Has the property been clearly identified and beneficiaries been clearly defined?
- Statement of testamentary capacity – solicitor’s obligation?
Session 2: Professional Skills: Dispute Resolution in Will Matters – Resolving Conflict Practically
Sandra Karabidian, Barrister, Victorian Bar, Melbourne
Everyone is at each other’s throats and suddenly the inheritance is at risk. Litigation cost could reduce the pie with no net benefit. Early and effective dispute resolution in will matters is the subject of this session:
- Administration disputes and what to do about them
- Construction of will disputes – early effective resolution options
- Types of alternative dispute resolution options – mediation and arbitration
- Beneficiaries and executor at odds –the dynamics of the relationship
- Can I prevent a family member challenging my will?
- Getting consent orders on settlements
- Case study – will dispute examples and how they are resolved
Session 3: Practice Management & Business Skills: The Business of Law: Building a Profitable Succession Law Practice
Ines Kallweit, Partner – Wills & Estates, McKean Park Lawyers, Melbourne
Many factors impact pro?tability. It’s not just about working harder; you need to act smarter. This session examines how to build a financially healthy succession law practice. It covers:
- Strategies for individual lawyers to increase profitability
- Understanding the key drivers of financial success
- Limiting write offs – risk management and pro?t control
- Alternative fee models and impact on pro?tability
- Is pro?tability dependent on time recording?
- Streamlining practices and other time savers as ways to improve the bottom line
- Marketing and its impact on profitability
- Case study – an example of an estate planning practice run pro?tably
Who should attend
This webinar is suitable for succession lawyers - Australia wide and it has been designed to deliver the 3 compulsory subject CPD units for the CPD year ending 31st March 2017.
Live webinar delegates will receive a CPD certificate for attendance at this webinar. Lawyers can claim 3 CPD [CLE] units – compulsory subjects. 1 unit each for Ethics, Practice Management and Professional Skills.