Testimony At Ethics Commission May Stifle Sale of Law Practice

Venice, CA

FOR IMMEDIATE RELEASE

Poll suggested that the revised ABA Model Rule 1.17 currently in place achieves the appropriate compromise between the lawyer’s and the client’s interests and avoids the drafting difficulties currently being examined by the Commission.

This year, Illinois joined the list of states permitting the sale of a law practice. Oregon is the most recent state to modify its rule, following the ABA revised Model rule.

######

Categorized in: Buying & Selling a Practice