Arthur J Ciampi

January 28, 2011 | New York Law Journal

In his Law Firm Partnership Law column, Arthur J. Ciampi of Ciampi LLC wrties that in situations when there is no agreement specifying payments to a departing partner, that partner, assuming the partnership continues the prior firm's business, will be entitled to an accounting and a money judgment representing his partnership interest.

By Arthur J. Ciampi

10 minute read

September 22, 2006 | New York Law Journal

Arthur J. Ciampi, managing member of Ciampi LLC, writes that coming to terms with retirement is difficult and can be even harder if you are a law firm partner. As soon as you begin to think about throttling things back a tad, your clients demand a quicker response time and your partners want you to bring in more business. At the same time, what seemed just a short time ago to be a distant respite is now looming over you and you may not even know what to do or if you can even afford to do it.

By Arthur J. Ciampi

11 minute read

November 24, 2006 | New York Law Journal

Arthur J. Ciampi, the managing member of Ciampi LLC, reviews some of this year's law firm partnership disputes, which have addressed questions such as: What is a partner? What are the rights of withdrawing partners when their firm merges? When are restrictive covenants enforceable? And, when are arbitration provisions enforceable?

By Arthur J. Ciampi

14 minute read

May 28, 2010 | New York Law Journal

In his Law Firm Partnership Law column, Arthur J. Ciampi, the managing member of Ciampi LLC, writes that the existence of two- and multi-tiered partnerships serves numerous beneficial purposes for the law firms and the non-equity partner alike, but, despite their ubiquitous nature and their established existence, the legal status of non-equity partners is still somewhat uncertain.

By Arthur J. Ciampi

11 minute read

January 24, 2008 | New York Law Journal

Arthur J. Ciampi, managing member of Ciampi LLC, writes that as bad as it can be when the phones just don't stop ringing, it is far, far worse when they do. In the ideal world, a slowing economy should bring partners together with cries of "one for all and all for one". In the real world, management may consider whether they should downsize the number of partners, while productive partners may believe they are "carrying" the firm and are not willing to endure lower-than-market compensation.

By Arthur J. Ciampi

11 minute read

July 22, 2011 | New York Law Journal

In his Law Firm Partnership Law column, Arthur J. Ciampi, managing member of Ciampi LLC, writes that recent studies indicate that about half of the large U.S. law firms continue to have mandatory retirement policies, but with some early planning, there are a number of ways of coping with these practices, including changing status, moving to another firm, or if all else fails, filing suit.

By Arthur J. Ciampi

10 minute read

March 24, 2006 | New York Law Journal

Arthur J. Ciampi, the managing member of Ciampi LLC, writes that from the former firm's perspective, the departure of a partner must be seen as a fact of life. Ideally, the firm's partnership agreement should provide a clear mechanism by which the departure should be addressed. Absent such an agreement, the firm could face a costly accounting proceeding as well as suffer from greater disruption due to the uncertainty of how the departure will unfold.

By Arthur J. Ciampi

12 minute read

July 25, 2008 | New York Law Journal

Arthur J. Ciampi, managing member of Ciampi LLC, warns that a common provision found in many law firm partnership agreements, which requires a written notice period prior to a partner's withdrawal from the partnership, can have calamitous results particularly when combined with the competing fiduciary duties law firm partners owe to both their partners and their clients. Such provisions often place the departing partner in a state of limbo . . .

By Arthur J. Ciampi

10 minute read

January 27, 2006 | New York Law Journal

Arthur J. Ciampi, a member of Ciampi LLC, writes that the acquiring of partners with significant "books of business" or a synergistic practice group is a common occurrence. The acquisition process has several stages, each of which gives rise to different legal postures, potential liabilities, and negotiating strategies.

By Arthur J. Ciampi

14 minute read

November 26, 2010 | New York Law Journal

In his Law Firm Partnership Law roundup, Arthur J. Ciampi of Ciampi LLC looks back on the year's legal developments that affected law firms and their partners in the realm of defamation, arbitration and trademark infringement.

By Arthur J. Ciampi

9 minute read