The Professional Services legal practice provides specialized counsel to firms and individuals in regulated and service-oriented industries, including law, accounting, architecture, engineering, consulting, medicine, and financial advisory. This practice addresses the unique legal, regulatory, and operational issues that affect professional services organizations—whether structured as partnerships, corporations, or hybrid entities.
Attorneys in this area combine regulatory insight with commercial acumen to help clients manage risk, maintain licensure and compliance, and navigate the complexities of client relationships, firm governance, and service delivery.
Core services include:
- Firm Formation and Governance
- Advising on entity selection, structuring, and governance of professional corporations (PCs), LLPs, LLCs, and partnerships, including ownership restrictions, licensing rules, and management agreements.
- Regulatory and Licensing Compliance
- Counseling on compliance with state licensing boards, professional conduct standards, and sector-specific rules (e.g., ABA, AICPA, SEC, FINRA, state boards of accountancy or medicine).
- Partner Agreements and Compensation
- Drafting partnership agreements, buy-sell agreements, profit-sharing arrangements, and internal compensation structures. Advising on succession planning, retirement, and equity transitions.
- Client Engagement and Risk Management
- Structuring engagement letters, fee agreements, and limitation-of-liability clauses. Advising on conflicts of interest, confidentiality, and malpractice prevention.
- Employment and HR Counsel for Professional Firms
- Addressing employment contracts, independent contractor arrangements, non-compete and non-solicitation agreements, and internal investigations. Advising on wage/hour compliance for exempt professionals.
- Dispute Resolution and Disciplinary Defense
- Representing professionals and firms in internal disputes, partnership breakups, malpractice claims, fee disputes, and disciplinary actions before regulatory boards or professional societies.
- Mergers, Lateral Hiring, and Firm Transitions
- Supporting mergers between professional firms, lateral partner or team acquisitions, and integration of new practice groups.
- Data Privacy and Client Confidentiality
- Advising on cybersecurity compliance, data privacy obligations (e.g., HIPAA, GDPR), and protection of sensitive client and firm information.