Starting Out or Slowing Down: Is ‘Of Counsel’ Right for You?
You’re retiring from your partnership position with your law firm, but want to remain associated with the firm and keep practicing in some fashion or another. Less hours maybe, less stress, more flexibility.
You’ve just graduated from law school without scoring a cushy associate position and decide to “do your own thing.” While you want the autonomy of a solo practice, you would enjoy having some of the resources of a larger firm.
You are certified specialist in immigration law with a solo practice. After 35 years in a busy practice, you want to slow down. A criminal defense firm in your town recognizes your expertise would help the firm better counsel their criminal defense clients.
Do any of these scenarios fit your situation? If so, an “Of Counsel” relationship may be right for you. You need Lawyers Mutual’s brand new Practice Guide entitled “Of Counsel Agreements.” This Practice Guide will help you navigate the pitfalls of forming and working in an “Of Counsel” relationship with another lawyer or law firm. We provide guidance on:
- The ethical requirements of an “Of Counsel” relationship
- Practice pointers for forming and working in an “Of Counsel” relationship
- Malpractice risks of an “Of Counsel” relationship
We also provide a handy checklist for a written “Of Counsel” agreement AND five sample “Of Counsel” agreements tailored to different “Of Counsel” relationships.
With Lawyers Mutual’s new “Of Counsel Agreements” Practice Guide, you don’t have to go it alone. Get it now on our website.
About the Author
Mark Scruggs is senior claims counsel with Lawyers Mutual specializing in litigation, workers compensation and family law matters. You can reach Mark at 800.662.8843 or at firstname.lastname@example.org.Read More by Mark >