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23 Dec
Should Law Firms Be More Financially Transparent to Partners?

Does the increased transparency of firm finances benefit or vitiate its partners?  A recent article by The American Lawyer investigates, positing that “as part-owners of the business, law firm partners have both a financial incentive and an ethical responsibility to take an active interest in the firm’s strategic and financial conduct.”  At small firms, this is easily apparent–but […]

Should Law Firms Be More Financially Transparent to Partners?