In this age of lateral mobility, partners who move on to a new firm must tread carefully. When partners are in harmony with their firm, their fiduciary duties to their firm and their clients operate on parallel tracks. But for departing attorneys, the tracks intersect, and collisions may occur. McDermott Will & Emery partner William Schuman explains how and when attorneys can ask their clients to move with them. There's a right way and a wrong way to relocate a practice, and also much gray in between.
May 03, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
You are considering leaving your law firm. A firm with a broader platform, greater depth and breadth of practice areas and a national or international reach will allow you to build your practice and your income.
The traditional career path — law student joins firm out of law school, becomes partner and retires there 40 years later — has become an anachronism. So what’s the downside to leaving?
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