This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Ethics/Professional Responsibility

Mar. 14, 2015

Asking a partner to leave, the right way

As economic realities of the modern day law practice set in, law firms are beginning to ask partners to leave the firm or downgrading their status as "equity" partners. By J. Randolph Evans, Shari Klevens and Susan Badawi


By J. Randolph Evans, Shari Klevens and Susan Badawi


As economic realities of the modern day law practice set in, law firms are beginning to ask partners to leave the firm or downgrading their status as "equity" partners. Achieving partnership is no longer the career-long guarantee it once was.


Asking partners to leave involves risks for both the law firm and the departing partner, arising out of ethical, legal and professional responsibilit...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up