Consider the following hypothetical. A corporate client hires a lawyer in connection with purchasing a controlling interest in an LLC. The lawyer structures the deal to lower the client's tax liability based on his assumption...more
3/28/2025
/ Attorney Malpractice ,
Client Representation ,
Conflicts of Interest ,
Disclosure Requirements ,
Due Diligence ,
Ethics ,
Legal Ethics ,
Limited Liability Company (LLC) ,
Professional Liability ,
S-Corporation ,
Tax Liability ,
Tax Returns
I. Introduction - When done correctly, fee-sharing arrangements between lawyers can be lucrative for lawyers while simultaneously maximizing the quality of legal representation for the client without increasing the cost....more