Navigating partnership perils; many firms choose LLPs and LLCs as a preferred, though hazardous, course
Article Abstract:
Some attorneys organize their firms as limited liability corporations or limited liability partnerships to reduce their liability for the acts of others as well as the firm's commercial obligation. The amount of protection differs. California's Limited Liability Partnership Law is broad, while in some other states limited vicarious liability applies only to tort claims arising out of the business dealings of a limited liability partnership or company. Other jurisdictions limited vicarious liability to acts arising out of the provision of professional services.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Looking for Mr. Goodlawyer; what clients want
Article Abstract:
Lawyers are showing a willingness to think of their practices in terms of what clients want. Interviews with law firm clients reveal the following desirable traits in an attorney: an understanding of the client's business; reasonable fees; timely, understandable billing; respectful treatment of clients; creative business and legal solutions; lawyers who appreciate that theirs is a service business; returning phone calls; listening skills; and asking the client's opinion.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
High-stakes standoff; out-of-state firms challenge Nevada bar over naming rule
Article Abstract:
The Nevada State Bar's rule requiring all lawyers in an out-of-state law firm's name be members in good standing of the Nevada state bar is discussed. Two Arizona-based firms have filed a suit challenging this rule.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Computer patent trial issues: use and avoidance of s. 112, paragraph 6, to make your case. Open letter to the Supreme Court concerning patent law
- Abstracts: The consent paradigm: tribal sovereignty at the millenium. Forbearance agreements: invalid contracts for the surrender of sovereignty
- Abstracts: The extraterritoriality of the Bankruptcy Code: will the borders contain the code? The new European law on international insolvencies: a German perspective
- Abstracts: A tug of war: state divorce courts versus federal bankruptcy courts regarding debts resulting from divorce. An analysis of state-wide variation in bankruptcy rates in the United States