Clients: To Whom Do They Belong?

The answer is: nobody. <br/>When a partner leaves a law firm, the parties have to allocate various partnership rights, assets and other interests. They may allocate most of these interests in any way that they choose. They may not, however, allocate clients - perhaps the most valuable of partnership "assets." The client alone decides whether to remain a client of the firm, to leave with the departing partner or to choose another attorney. Law firms and departing partners have an ethical obligation to handle these situations in a way that is consistent with the principle of client choice.

35 minute read September 02, 2004 at 02:53 PM
By
Wayne N. Outten And Douglas C. James
Clients: To Whom Do They Belong?

The answer is: nobody.

When a partner leaves a law firm, the parties have to allocate various partnership rights, assets and other interests. They may allocate most of these interests in any way that they choose.

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