Posted on
Saturday 26 July 2008
A common provision found in many law firm partnership agreements can have calamitous results, particularly when combined with the competing fiduciary duties partners owe to their partners and clients. Such provisions often place the departing partner in a state of limbo because during this interim period the rights and obligations of the departing partner and the partnership are unclear. Attorney Arthur Ciampi discusses notice provisions and analyzes the practical and ethical dilemmas they often raise.
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