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Solo and Small Firms

Mar. 10, 2012

Avoiding small-firm pitfalls

When Andrew Raines launched what is now Raines Feldman LLP, a transactions and litigation boutique, he designated one partner to handle the business end and offered equity to some associates.


By Susan McRae


Daily Journal Staff Writer


BEVERLY HILLS - Andrew Raines didn't intend to launch a small firm when he left real estate transactional boutique Advisors LLP in 2006 to go solo.


It wasn't long, though, before he had so much work that he had to hire contract attorneys to help out. Before he knew it, he had the makings of his own boutique practice, which he named Raines Law Group.


"It was a happy accident,&quo...

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