Credit: iconicbestiary – stock.adobe.com 'One Firm' or Separate Entities? Vereins' Growth Bumps Into Conflicts, Liability Concerns
A ruling from an appellate court in the U.S. has put Baker McKenzie's structure under scrutiny, two years after Dentons was saddled with a $32 million malpractice verdict that also implicated the firm's verein status.
February 23, 2024 at 05:00 AM
8 minute read
The original version of this story was published on The American Lawyer
A venue dispute in a malpractice case against global firm Baker McKenzie has put the structure of Swiss vereins in the spotlight, with many commentators highlighting the existence of unanswered questions about the liability of these entities when a member firm faces malpractice allegations.
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