On this October edition of The Legal Toolkit, Jared Correia, Senior Law Practice Advisor with Mass. LOMAP, joins Chiara LaPlume, principal of LaPlume Law, LLC and Sofia Lingos, principal of Lingos Law, to address entity choice for lawyers and law firms. Chiara and Sofia run down the options for law firms and solo lawyers (including d/b/a’s and limited liability entities), talk about why it’s essential to have a partnership agreement and relay why it may useful for an attorney to hire another lawyer to help them get incorporated.
Special thanks to our sponsor, Clio.
On this edition of The Legal ToolKit, brought to you by Catuogno Court Reporting, host Jared Correia, Law Practice Management Advisor with Mass. LOMAP, welcomes Attorney Chiara Urbani LaPlume and Attorney Audrey Heidt, both co-chairs of the Massachusetts Women’s Bar Association’s Solo and Small Firm Committee, to take a look at setting fees, through the lens of the new Women’s Bar Association series of “fee circles”, that focus on the issue. Among other topics, Jared, Chiara and Audrey cover how to start the conversation about fees, whether to charge consultation fees and/or retainers and, of course, how to establish rates, including when to reassess and reduce rates, as necessary.