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Partner Departures and Lateral Moves: A Legal and Ethical Guide |
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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 book is an essential guide to answering those questions. With years of experience, author Geri Krauss provides guidance for both the partner and the acquiring firm in connection with exploring a new affiliation. You will also learn:
*What obligations partners have to their current partners when looking for a new affiliation
*How a departing partner should communicate to clients about a departure
*What information a departing partner can disclose to a potential new firm
*What claims can be brought against the partner and the new firm if either party fails to follow these rules
*And much more!
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In this era of fluid movement of partners from firm to firm, Geri Krauss' well-written, comprehensive and informative work, Partner Departures and Lateral Moves: A Legal and Ethical Guide is an indispensable guide for both those who are departing, their firms and the firms who acquire them. The book covers in detail and with precision the thorny areas of client solicitation, due diligence, and files maintenance, among others. Every modern law firm needs this book in its library.
-- Elkan Abramowitz, Principal, Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer, P.C., New York
The only law firm partner for whom Geri Krauss' Partner Departures and Lateral Moves: A Legal and Ethical Guide is not an absolutely "must read" is the lawyer who will never contemplate moving to another firm and whose firm will never ask to interview a potential lateral hire. Every other partner should own and study this 80 page tour de force.
--Harvey S. Feuerstein, Chairman of the Executive Committee, Herrick, Feinstein LLP
Partner Departures and Lateral Moves by Geri Krauss is an essential guide for lawyers and law firms in this thorny area of the law. Dealing with diverse subjects ranging from fiduciary duties owed to partners and clients to tortious interference claims, it is an invaluable, thought provoking, and practical resource. If you want to know what mine fields may be strewn in your path, this is the best book on the subject.
--Sybil Shainwald, Esq., Law Offices of Sybil Shainwald, P.C.
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