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CLE Shouldn't Be the Only Training Mandatory for Attorneys
When the term "attorney training" comes up, many immediately think of teaching young lawyers fresh from law school. Frank Sheppard the managing partner at, Rumberger Kirk emphasizes, "Training needs to begin when they are young lawyers, and that learning never has an end date." The training and professional development of attorneys at every level is a cornerstone of law firm success, spanning from their first day to retirement.
State law bar associations mandate Continuing Legal Education (CLE) for attorneys to ensure that legal professionals remain informed of the evolving laws and to maintain a high standard of professional competence. CLE requirements aim to hone specific skills not typically covered in law school. Unfortunately, "how to be successful" is not taught in law school nor approved as a CLE topic.
Each stage of an attorney's career offers opportunities for a curriculum that addresses both the individual's and the firm's need to drive success. Here are insights into effective training at various levels.
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Tax Treatment of Judgments and Settlements
Counsel should include in its analysis of a case the taxability of the anticipated and sought after damages as the tax effect could be substantial.