Attorneys are often eager to serve on boards of directors of outside organizations and with good reason. After all, membership on a board can increase the attorney’s visibility, create connections that lead to new business and, in the case of non-profit organizations, help the attorney give back to the community. For younger attorneys, service on a board can also provide invaluable “real-life” business experience that cannot be replicated in a law firm.
However, board service comes with some potential risks that, if not adequately addressed, can result in severe consequences for the attorney, the attorney’s firm, and/or the organization.
Potential Issues
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