A local law firm has eleven lawyers. One Lawyer has been sued for several million dollars as the results of a recent case. Because of what appears to be the lawyer’s very poor judgment, one of the customers died. Although the lawyer was solely involved with the customer in question, the lawsuit names the entire law firm as a defendant. Originally, six of the lawyers formed the law firm as a general partnership. However, three years ago, the partners converted the business to a limited liability partnership based on the laws of the state in which they operate.

Instruction:

Read the articles online or any published information that is available on partners and partnership liability, based on the facts presented in this case, please present (in complete sentences instead of listing the key words) your opinion/comments on the possible liability the other ten partners in this law firm may have in connection with the case. In addition, please present, in your opinion, the factors which may be important in determining the exact liability (if any) of the other ten lawyers.   

Answer rating: 100% (QA)

It is true that firm has a legal liability on case any of its partner is accused This does not mean ... View the full answer