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Ethical Considerations in the Sale or Merger of a Law Practice

Details may vary from state to state.

As many lawyers are keenly aware, the practice of law—especially, it seems, after the Great Recession—is a highly competitive business pursuit. The desire to offer more services and accessibility to clients (for example, a new practice area or an established presence in a different geographic location) in an increasingly cost-effective manner can lead to the desire to merge law practices to leverage resources and stand out among the crowded field of competitors. Alternatively, a practitioner

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