Professional services

Legal practices: records from closed and closing companies

If you control the assets of a company in the legal practices sector that is in administration, liquidation or bankruptcy, its operational records may be licensable. Here is what usually exists, what needs care and how to check fit.

What usually exists

Practice management procedures
Precedent and know-how libraries
Matter workflows

What needs care

Privileged and client-confidential material must be left out
Regulator rules on client files apply

Employee and HR records always need the most care, whatever the industry.

Systems to look for

Practice and matter management (process data only)
Precedent and know-how libraries
Document management (iManage, NetDocuments)
Intranets
Teams

Export while admin access still works.

SMEs (30 to 249 staff)

Act within weeks. Software subscriptions lapse after closure and exports disappear with them.
One person usually knew every system. Get their help with exports before they move on.

Enterprises (250+ staff)

Start with a data map: systems, owners, years, volumes and where personal data sits.
Carve out privileged, regulated and client-confidential material before any sample is prepared.

micro1's published criteria

Track: Defunct Company Data Partnership: companies that are no longer operating company.micro1.ai/get-started · 15 Nov 2026
Size: 30+ peak employees company.micro1.ai/get-started · 15 Nov 2026
Industries: Open to all industries company.micro1.ai/get-started · 15 Nov 2026
Language: English company.micro1.ai/get-started · 15 Nov 2026

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