Law practices, with privileged material removed

Much of a practice's value sits in documents its lawyers wrote for one another:

• Templates and precedent banks
• Checklists and training material
• Internal research and know-how notes
• Intake, staffing and workflow records
• Billing narratives with all identifiers removed

Your originals never move, and passwords are never requested. Buyers license nothing but the prepared copy you signed off on, and any practice group or set of templates can be held back.

Privileged content never makes it into the copy. Client matters can stay out entirely, and many practices never include them. What, if anything, fits your professional duties is for your practice and its counsel to decide. We give no legal advice on that question.

Anything that stays has client, opposing party, attorney and staff names replaced with placeholders, and matter numbers and identifiers too. You review a sample, and so can your counsel, before anything goes out.

Ask for the estimate, which never needs a client name or a document. On the brief call, collect the answers counsel will need, such as which systems are in play, what the placeholders do and the review process for the sample. Until you approve, you can stop whenever you like. The decision to go ahead, or not, stays with the practice the whole way through, and there is no cost either way.

A buyer receives a prepared copy of the internal material you approved. Think of a precedent with drafting notes explaining when to use each clause, with all names and identifiers swapped out. This kind of material captures how seasoned attorneys think, something public text rarely holds. Privileged material is taken out, client matters can be excluded entirely, and nobody outside the practice ever accesses your document system. Your counsel can check the sample first.