Roger Slade, left, and Hal Lewis, right, with Haber Law. Courtesy photos 10 Things to Consider When Drafting Law Firm Partnership Agreements
A well-drafted partnership agreement among law firm partners is often the initial step to long-term success.
April 08, 2024 at 09:51 AM
5 minute read
Board of Contributors
Does your law firm have a signed partnership agreement among the partners ? Many law firms do not. Despite the fact that attorneys routinely advise their clients to "get it in writing," many lawyers do not follow their own advice. The result is often that partners are uncomfortable with how day-to-day decisions are made that can cause significant stress and unhappiness when the time comes to divide money at the end of the year, to promote associates to partnership or to bring in lateral partners.
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