Partner Departure Law

Trends and Analysis on Significant Issues Related to Law Firm Transitions, Partner Departures and Dissolutions

January 13, 2021

Law Firm Risk Management Goals for 2021

In a year full of law firm transitions, departures, and dissolutions, more change is surely on the horizon. This is still the perfect time to add a critical item to your list: Set the goal of reviewing your law firm’s risk management in a systematic way this year.

December 15, 2020

Looking at Your Firm’s Balance Sheet: Law Firm Clients, and Lawyers, are Not Property

Law firms are not entitled to future profits from the firm’s clients as an ongoing property right, but this does not mean that the law firm can't do anything to protect themselves in the event of a departure.

November 13, 2020

Is Your Law Firm Prepared for the Next Partner or Group Departure?

While it is a good practice for any law firm to periodically assess its exposure to potential partner departures, the pandemic’s impact on law firms has made this task more important than ever.

October 12, 2020

What’s in a Title? How Law Firms Define the Lawyers that work at the Firm Matters

Does your firm have Non-Equity Partners?  Of Counsel, Consulting, or Contract Attorneys? All of the above? What is the nature of their relationship with the firm, and how are they compensated?

July 10, 2020

Law Firm Formations and Transformations

As the legal industry continues to adjust to life during a pandemic, things are still changing every day as law firms make economic and other adjustments to their traditional ways of doing business.  And all this change is likely to lead to even more change.  As a result, we will continue to see law firm […]

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