Partnership
September 25, 2002 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
A revolutionary partnership structure for law firms was introduced with a fanfare last year.
Mark Lee looks at why so few firms have taken the Limited Liability Partnership bull by the horns.
The demise of Andersen has once again focused attention on the fact that partners have unlimited liability, unless their firm is a Limited Liability Partnership (LLP).
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