Counsel For Law

State:
Multi-State
Control #:
US-02621BG
Format:
Word; 
Rich Text
Instant download

Description

The Of Counsel Agreement with Law Partnership is designed for attorneys transitioning to an Of Counsel role within a firm. It formalizes the relationship between the partnership and the Counsel, outlining essential components such as the term of the agreement, compensation, and duties. Key features allow Counsel to maintain a professional connection post-retirement while providing access to the firm's resources and benefits, including an office space and essential office services. The form specifies that Counsel will work as an independent contractor, without regular compensation, and defines the conditions under which the relationship may be terminated. The document is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants seeking to solidify the terms of an Of Counsel arrangement, ensuring clarity and mutual understanding. Filling instructions are straightforward, requiring the insertion of specific names, dates, and details related to health insurance and Bar Association memberships. This form aids in maintaining professional ethics and addressing potential disputes through mandatory arbitration. Overall, it serves as a supportive structure for legal professionals looking to continue contributing to their firms post-retirement.
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FAQ

April 7, 2023 at am. A counsel is a lawyer who provides legal advice and guidance to clients, while a partner is a lawyer who has ownership in a law firm and shares in its profits.

Counsel is commonly used as a noun to mean ?advice? and as a verb to mean ?to give advice to.? The term legal counsel most commonly refers to a person's legal representation (that is, their attorney or team or attorneys) or to the services or advice provided as part of such representation.

?Of Counsel? Definition: ABA Formal Opinion 90-357 (1990) 90-357 defines the ?Of Counsel? professional designation as a ?close, regular, personal relationship? with a lawyer or law firm that is other than that of a partner or associate or the equivalent of a partner or associate.

To counsel is to provide legal advice or guidance to someone on specific subject matter. Counsel is also a lawyer giving advice about a legal matter and representing clients in court. See also: Counselor and Attorney.

Somewhere between an independent contractor and the more traditional associate or partner, is the ?of counsel? designation that signifies its own relation. Traditionally, an individual designated as ?of counsel? in California would be a retired partner who remains available to the firm for occasional consultation.

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Counsel For Law