Louisiana Supreme Court Adopts Rule Permitting Sale of a Law Practice
On June 21, 2016, the Louisiana Supreme Court amended the Louisiana Rules of Professional Conduct to permit the sale of a law practice. Rule 1.17 now allows a lawyer to sell …
LSBA Proposes Amendment to Rule Governing Fixed Fees
The Louisiana State Bar Association adopted a resolution at its June 2016 Annual Meeting recommending an amendment to Louisiana Rule of Professional Conduct 1.5(f)(2) governing fixed fees. Under the current rule, a …
Rule Amendment Permits Louisiana Lawyers to Claim “Specialty” Area
On June 2, 2016, the Louisiana Supreme Court amended Louisiana Rule of Professional Conduct 7.2(c)(5), to permit a lawyer to claim an area of specialization—as long as the lawyer’s claim does …
What Should I Do With Unidentified Funds in My Trust Account?
The Louisiana Supreme Court amended Rule 1.15 in March 2016 to address this issue. The answer: “A lawyer who learns of Unidentified Funds in an IOLTA account must remit the funds …
Louisiana Supreme Courts Solicits Comments on Proposed Rule Regarding Lawyer Succession Plans
On March 15, 2016, the Louisiana Supreme Court called for public comment on the adoption of a new rule of professional conduct that would address a lawyer’s obligation to implement …
Louisiana Supreme Court Solicits Comments on Proposed Rule Permitting Sale of Law Practice
On March 15, 2016, the Louisiana Supreme Court called for public comment on the adoption of a new rule of professional conduct that would permit a lawyer “to sell his …
Do You Have a Law-Practice Succession Plan?
The Louisiana State Bar Association thinks that you should. In June 2015, the LSBA House of Delegates and Board of Governors approved a resolution proposing the adoption of a new …
Pro Bono = Mandatory CLE. Huh?
Effective May 1, 2015, the Louisiana Supreme Court Rules for Continuing Legal Education grant up to three hours of mandatory continuing legal education credit for pro bono legal work: Credit …
Abraham Lincoln Weighs in on Up-Front Fixed Fees
As noted in a recent post, the LSBA Rules of Professional Conduct Committee is evaluating a proposed amendment to Louisiana Rule of Professional Conduct 1.5(f)(2). Under the current rule, a lawyer …
Should Fixed Fees Paid Up-Front be Placed in Trust?
That issue is currently under consideration by the LSBA Rules of Professional Conduct Committee. Under current Louisiana Rule of Professional Conduct 1.5(f)(2), a lawyer earns a fixed fee when the …