Business Continuity/Disaster Planning

Good succession planning helps prepare you for a personal disaster and should be part of your disaster planning. Succession planning focuses on personal loss, likely the most common disaster risk firms face, but some of the principles translate to other types of disaster.

The firms that had the easiest time adapting to COVID-19 were often the ones that were familiar with remote practice, or quickly adapted. We all learned that we need to be ready to work from home, or at least remotely.

Over time, at a firm or partnership level, consider what you would have to do if certain plausible scenarios play out, for example:

  • Your main server goes down for three days.
  • The office is destroyed by fire or flood.
  • The office becomes inaccessible to clients and some workers, as many offices were during the COVID-19 pandemic.
  • You are hacked and subject to a ransom attack and a data breach.
  • Someone or the firm itself is beset by scandal and the media are calling.

Consider a basic plan for how you would survive and continue to serve clients in any scenario that scares you. Involve your tech adviser(s) and key staff. Reduce the plan to writing. You can even practise: have a disaster drill to test how your plan works & everyone responds.

These sites have good disaster planning resources. You might pick a couple to guide you:

See also