The Lawyerist analyzes how to select a law firm business entity.  Its article discusses the following factors that should be considered:

  • Type of business.
  • Number of lawyers and their roles.
  • Financing.
  • Ongoing record keeping and reporting requirements.
  • Management.
  • Taxes.
  • Non-tax costs.
  • Limiting liability.

Read the full article at How to Select a Law Firm Business Entity.

 

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.