Erich Herschmann's suit against Marc Kasowitz and his firm over alleged millions of unpaid wages has hit a snag, as both ...

Does your law firm have a signed partnership agreement among the partners ? Many law firms do not. Despite the fact that attorneys routinely advise their clients to "get it in writing," many lawyers ...

PIP (partners' interests in the partnership) allocations are very commonly used in partnership agreements. 1 For this reason, Investors and managers should understand the basics of PIP allocations and ...

Use a structured decision framework before any legal drafting. Map out how the partnership will operate day to day, how ...