ZS Ethics Seminar: Departing Partners: Fiduciary Duties and Ethics Issues
On May 20, 2009, Zuckerman Spaeder LLP partners Thomas B. Mason and Marshall Wolff presented a seminar on "Departing Partners: Fiduciary Duties and Ethics Issues." This seminar discussed:
- Fiduciary Duties and Relevant Ethics Rules
- The Partnership Agreement
- Pre-Departure Negotiations Between Partner and New Firm
- Pre-Departure Contacts with Clients
- Internal Recruiting
- Interval Between Notice of Withdrawal and Departure
- Client Files
- Ongoing Client Matters
- Departing Partner’s Right to Non-Client Materials
- Departing Partner’s Obligations to Record, Bill, and Collect Time
- Post-Departure Payments