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2 days ago · The attorney-client privilege is often described as communications between a client and attorney that facilitate the rendition of professional legal services. US v. Rakes, 136 F.3d 1, 3 (1st Cir ...
6 days ago · Under the second line of reasoning, at least one court has found that communications between counsel and PR firms were privileged because they were effectively attorney-client communications. In ...
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How do law firms share profits?
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5 days ago · This content brief aims to delineate the nuanced differences and roles within the legal profession, focusing on the distinctions between attorneys, lawyers, and the use of the term "Esquire." Despite the frequent interchangeability of "attorney" and "lawyer" in everyday language, these terms encapsulate distinct qualifications and capabilities within the legal domain, reflecting the structured ...
Things such as name, address, phone, date of birth, relationship to the firm, former names, etc. are recorded. Do a simple “CTRL+F” or “CMD+F” and start typing in variants of names, nicknames, etc. Make a note in the file or intake notes that a conflict check was run, who ran it, and what date and time it was completed.
3 days ago · For example, a firm with 10 equity partners may have two senior equity partners that get a 2x share of profit. The calculation would then be: $1,000,000 net profit / 8 equity partners + 2 senior equity partners = $83,333 profit per partner and $166,666 profit per senior partner. Learn more about how much partners make at law firms.
3 days ago · Accounting for law firms is the process of recording and managing a firm’s financial activities. For example, this includes tracking income, expenses, overseeing trust accounts, and monitoring client billing. It also encompasses creating and managing budgets, producing financial reports, and managing payroll.
4 days ago · Juris Doctor diploma conferred by Columbia Law School. A Juris Doctor, Doctor of Jurisprudence, [1] or Doctor of Law [2] ( JD) is a graduate -entry professional degree that primarily prepares individuals to practice law. In the United States, it is the only qualifying law degree, while other jurisdictions, such as Australia, Canada, and Hong ...
