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What Does the Affordable Care Act Mean for Law Firms?

By Steven A. Davis

Many law firms have seen an uptick in business since the Patient Protection and Affordable Care Act (ACA), aka Obamacare, was signed into law in 2010. Health care reform has brought clients seeking legal advice on how to comply with the complex health care laws. Business owners might need help revising benefits offerings and updating employee manuals or separation agreements to avoid employment-related lawsuits. And clients in the health care industry may be looking for legal counsel as they grow their operations and restructure their companies to adapt to a rapidly expanding health care market.

If you manage a law firm, you might be excited about all of the new business opportunities that the Affordable Care Act presents, but have you taken the time to think about how the new laws will impact your firm and your employees?

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