Partner Departures and Lateral Moves

Partner Departures and Lateral Moves

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Once it was the exception for a partner to leave a firm. Now the revolving door of partner departures has been deemed a modern-day law firm fixture. What steps can a departing partner or an acquiring firm take to minimize risks and reduce potential liabilities? This essential guide answers those questions. Legal expert Geri Krauss provides guidance for both the partner and the acquiring firm in connection with exploring a new affiliation.fore the potential partner is told what the acquiring firm is looking for so that answers are not tailored to what the lateral ... as they would to a client, and if there is some part of the story that does not make sense, ask questions about it. ... The most significant reference check a€” with the clients a€” generally may not be done until after the offer is extended ... state, and local employment laws for the firm to raise with potential employees in the group the partner may desire to bring with him.

Title:Partner Departures and Lateral Moves
Author:Geri S. Krauss
Publisher:American Bar Association - 2009


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