New South Wales Consolidated Regulations
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LEGAL PROFESSION UNIFORM LEGAL PRACTICE (SOLICITORS) RULES 2015 - REG 6
Transfer of a solicitor's practice
6 Transfer of a solicitor's practice
6.1 When a solicitor intends to transfer to another solicitor the whole or
part of the solicitor's practice, including clients' work in progress, and to
put the other solicitor in possession of the documents held by the solicitor
on behalf of clients, before the solicitor delivers possession of the practice
to the solicitor acquiring it the solicitor must give to each client at least
14 days (or such other period as may be reasonable in the circumstances)
notice in writing of: 6.1.1 the intended transfer of documents to the
solicitor acquiring the practice, unless a contrary direction is received from
the client, and
6.1.2 the client's right to give to the solicitor a contrary
direction in relation to the conduct of the client's affairs and the delivery
of the client's documents.
6.2 Any notice sent to a client on whose behalf
the solicitor holds money in trust or under the solicitor's control must
advise the client of: 6.2.1 the balance of money held on the client's behalf,
and
6.2.2 the solicitor's intention to transfer the relevant account to the
solicitor acquiring the practice, unless advised by the client to the
contrary, and
6.2.3 the client's right to give to the solicitor a contrary
direction as to the manner in which the solicitor should deal with the account
on the client's behalf.
6.3 Rules 6.1 and 6.2 do not apply where a new
partner is admitted to a partnership which continues to conduct the practice.
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