The costs of running a practice can be significant. From staff salary and filing fees to rent and office supplies, overhead for a law practice is rarely cheap. While some attorneys deal with these costs by starting law firms with many partners who all bear the costs, some solo practitioners are exploring the millennial-friendly trend of obtaining coworking space or sharing office space with other professionals or attorneys.

While such an approach is becoming more commonplace, it can create some risk for practitioners and even confusion for clients. For example, if David Smith and Susan Jones are solo practitioners who rent an office space together, they may choose to employ a single receptionist to greet clients. Thus, a client of David’s in the office may see signage that identifies Susan Jones as another lawyer in the same space. David’s client may even meet Susan or see that their receptionist handles both their files.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]