Colo. Supreme Court: Law Firm's 'Reimbursement Agreement' With Departing Attorney Violates Ethics Rules
The high court held that agreements requiring a lawyer departing a firm pay it an undifferentiated per-client fee for continued representation of those clients are prohibited.
January 19, 2024 at 05:36 PM
4 minute read
A law firm's "reimbursement agreement," requiring a departing attorney to pay over $1,000 per client he retained, violated Colorado ethics rules because it restricts an attorney's right to practice and a client's right to counsel of his or her choice, the Supreme Court for the State of Colorado held this week.
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