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Whether your firm consists of two lawyers or five hundred, Law Firm Partnership Agreements is a must for your office. This book tackles the key “life events” of a law firm partnership—formation, setting compensation, partner admissions and departures, retirement, dissolution, termination of the partnership, mergers and acquisitions, and much more. For firms in the course of development, here is the advice you need for selecting the form of the entity—general partnership, professional corporation, or limited liability partnership—with the advantages and disadvantages of each. Also included are a state-of-the-art model partnership agreement and other practical forms of agreement, such as a “memorandum of understanding” for lateral partners that serves as an adjunct to the main agreement. In short, You'll get everything you need to ensure that your firm's partnership agreement is up to snuff. And all forms and clauses are included on an accompanying CD-ROM for ease of use. Filled with advice on structuring your firm to attract and keep talented lawyers, Law Firm Partnership Agreements will help your firm retain its competitive edge.
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Leslie D. Corwin is a principal shareholder in the New York office of the international law firm of Greenberg Trauring, LLP. He is a nationally recognized expert in partnership law as it relates to professional service firms, including partnership mergers and break-ups, law firm dissolutions, partner ousters, defections, bankruptcy and other partnership changes.
“An essential guide. It should be on the desk of every managing partner.” —Robert W. Hillman, Esq., Professor of Law, University of California at Davis, Author, Hillman on Lawyer Mobility
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