Fee-Sharing Issues For NY Lawyers Got More Complicated

Law360, New York (September 27, 2013, 12:39 PM EDT) -- Rule 5.4 of the New York Rules of Professional Conduct is based on, and generally tracks, Rule 5.4 of the Model Rules of Professional Conduct. Both versions of the rule provide that “[a] lawyer or law firm shall not share legal fees with a nonlawyer.”[1]

Both versions provide that “[a] lawyer shall not form a partnership with a nonlawyer if any of the activities of the partnership consist of the practice of law.”[2] And both prohibit a lawyer from practicing with or in the form of...
To view the full article, register now.