With the rising cost of overhead expenses, many law practices are looking for creative solutions to save money. One idea that many small law practices consider is the use of shared office space. At first blush, such an arrangement may be very appealing, as it allows attorneys to minimize expenses by sharing a receptionist and other costs. Even for larger law firms, the same type of arrangement can occur where the firm sublets part of its space to other attorneys.
While attorneys in such situations may share office space, in all other respects they maintain separate law practices. For example, the various attorneys in the office generally will not share fees, will file separate income taxes, and will each have their own legal malpractice policy. Thus, attorneys sharing office space may feel that it is unmistakably clear that they are separate and distinct from the other law practices in the office.
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