Howdy, Partner: What Law Firms Get Wrong About Partnership Agreements

Oh, this one’s easy. 

 

Law firms don’t often have partnership agreements.  Especially small firms. 



Which is kind of shocking, right?  Because, if a lawyer had a business owner for a client, said lawyer would most stringently advise that business owner to draft a partnership agreement, if that business owner was to enter upon a partnership. 

 

So, why don’t more attorneys follow that sage advice? 

 

Maybe it’s a lack of knowledge about how to draft a viable partnership agreement? 

 

If that’s why you don’t have a partnership agreement, check out this excellent overview article on the topic from consultant, Arthur Greene, to learn more. 

 

. . . 

 

Then, if you want to talk further about building a more successful law firm partnership, give us a call. 

Through a unique partnership between the Maine Board of Overseers of the Bar and Jared Correia’s Red Cave Law Firm Consulting, Maine attorneys have access to experienced law practice management consultants at a special discounted rate. 

To get started, visit Red Cave’s landing page for Maine attorneys, and start running your law practice like a business.

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