Participants will be introduced to approaches to mediation, managing difficult clients, effectively communicating a client’s position to the mediator, positioning a client for resolution, and time management during mediation. Hypotheticals will be presented to illustrate different strategies and techniques.

The session will provide an in-depth look at how the Bipartisan Budget Act (BBA) has transformed partnership audits, including the centralized partnership audit procedures under IRC §§ 6221–6241. Jennifer Black (Citrin Cooperman) and Robert Horwitz (Hochman Salkin Toscher Perez, P.C.) will guide attendees through the key components of a BBA audit—from the designation and powers of the Partnership Representative, to the calculation and modification of imputed underpayments, to the decision-making process between paying at the partnership level versus electing a push-out.

The program will also cover the mechanics and strategy behind Administrative Adjustment Requests (AARs), the strict timing rules and procedural traps, and how tiered partnership structures complicate compliance and reporting. Whether you advise on partnership formation, prepare partnership returns, or represent clients before the IRS, this presentation will deliver essential tools for navigating the BBA regime in practice.

Succession planning for law firms is more than just an exit strategy—it’s about shaping a lasting legacy and ensuring continued success. This program will explore how to align your goals with the right succession structure, whether through a sale, internal transition, merger, or creating a law-related business. It will also cover essential considerations including financing strategies, defining the future role of founders, navigating tax implications, and preparing effective contingency plans.