Practice Structures

There is no one business model for a law firm – they come in all sizes and shapes but there are ethical restrictions on who may have equity interests in a law firm.  Lynda assists with assuring that whatever structure, affiliation, or ownership a firm selects, the firm complies with the Rules of Professional Conduct requirements in relevant jurisdictions.  Lynda’s ethics advice includes:

  • Trust Account document and internal control review for affiliated firms
  • Assist with of-counsel, contract counsel, and affiliation arrangements between lawyers and law firms
  • Prepare office-sharing agreements to comport with carrier and ethics recommendations
  • Provide ethics guidance when lawyers leave firms for appropriate transitioning of clients, files, retainers, calendars, contacts, and forms.
  • Review of law firm management and compensation structures
  • Guide firms going through reorganizations or dissolutions for compliance with applicable jurisdictions’ ethics requirements.
  • Counsel on ethics requirements for starting a law firm