In the United States and Canada many large and midsize firms have attorneys with the job title of "counsel", "special counsel" or "of counsel." Unlike associates, and more like partners, they generally have their own clients and manage their own cases. The title is often seen among retired partners who maintain ties to the firm.
Suffolk New York Of Counsel Agreement with Law Partnership is a legal document that establishes a professional relationship between a law firm and an attorney who provides specialized legal services on a case-by-case or project basis. This agreement enables law firms to collaborate with attorneys possessing specific expertise while expanding the range of legal services they offer to their clients. A typical Suffolk New York Of Counsel Agreement includes several key components: 1. Parties: The agreement identifies the law firm, referred to as the "Principal," and the attorney acting as Of Counsel, referred to as the "Counsel." 2. Scope of Relationship: It details the nature and extent of the relationship between the Principal and Counsel. This may include the areas of law in which the Counsel will provide assistance and the type of projects or cases they will work on. 3. Duration: The agreement specifies the duration of the Of Counsel relationship, outlining a specific term or indicating that it is open-ended until termination by either party. 4. Compensation: The agreement covers the compensation arrangement for the Counsel's services. This typically includes the fee structure, invoicing process, and payment terms. Compensation can be based on various factors, such as hourly rates, flat fees, or a percentage of collected fees from assigned cases. 5. Confidentiality: A Suffolk New York Of Counsel Agreement includes provisions concerning the protection of client confidentiality and the handling of sensitive information shared between the parties. It emphasizes the importance of maintaining client trust and complying with legal ethics rules. 6. Duties and Responsibilities: The agreement outlines the specific obligations and responsibilities of the Counsel, which may involve legal research, drafting legal documents, client representation, attendance at meetings or hearings, and collaboration with the Principal's team. Types of Suffolk New York Of Counsel Agreements with Law Partnership: 1. Exclusive Of Counsel Agreement: This type of agreement establishes an exclusive relationship between the Principal and Counsel, preventing the Counsel from providing similar services to any other law firm during the agreed-upon term. 2. Non-Exclusive Of Counsel Agreement: In this arrangement, the Counsel is not restricted from offering their services to other law firms simultaneously. The Principal benefits from the Counsel's specialized services but acknowledges that they may work with other firms as well. 3. Project-Specific Of Counsel Agreement: This agreement is structured for a specific project or case. The Counsel is hired to assist with a particular matter, and their involvement ceases upon completion of the project or resolution of the case. 4. General Of Counsel Agreement: A general agreement covers a broader scope of collaboration between the Principal and Counsel. It allows the Counsel to handle various matters in their specific area of expertise on an ongoing basis. By entering into a Suffolk New York Of Counsel Agreement with Law Partnership, law firms can harness the skills and experience of specialized attorneys, diversify their legal services, and provide clients with a wider array of legal support.Suffolk New York Of Counsel Agreement with Law Partnership is a legal document that establishes a professional relationship between a law firm and an attorney who provides specialized legal services on a case-by-case or project basis. This agreement enables law firms to collaborate with attorneys possessing specific expertise while expanding the range of legal services they offer to their clients. A typical Suffolk New York Of Counsel Agreement includes several key components: 1. Parties: The agreement identifies the law firm, referred to as the "Principal," and the attorney acting as Of Counsel, referred to as the "Counsel." 2. Scope of Relationship: It details the nature and extent of the relationship between the Principal and Counsel. This may include the areas of law in which the Counsel will provide assistance and the type of projects or cases they will work on. 3. Duration: The agreement specifies the duration of the Of Counsel relationship, outlining a specific term or indicating that it is open-ended until termination by either party. 4. Compensation: The agreement covers the compensation arrangement for the Counsel's services. This typically includes the fee structure, invoicing process, and payment terms. Compensation can be based on various factors, such as hourly rates, flat fees, or a percentage of collected fees from assigned cases. 5. Confidentiality: A Suffolk New York Of Counsel Agreement includes provisions concerning the protection of client confidentiality and the handling of sensitive information shared between the parties. It emphasizes the importance of maintaining client trust and complying with legal ethics rules. 6. Duties and Responsibilities: The agreement outlines the specific obligations and responsibilities of the Counsel, which may involve legal research, drafting legal documents, client representation, attendance at meetings or hearings, and collaboration with the Principal's team. Types of Suffolk New York Of Counsel Agreements with Law Partnership: 1. Exclusive Of Counsel Agreement: This type of agreement establishes an exclusive relationship between the Principal and Counsel, preventing the Counsel from providing similar services to any other law firm during the agreed-upon term. 2. Non-Exclusive Of Counsel Agreement: In this arrangement, the Counsel is not restricted from offering their services to other law firms simultaneously. The Principal benefits from the Counsel's specialized services but acknowledges that they may work with other firms as well. 3. Project-Specific Of Counsel Agreement: This agreement is structured for a specific project or case. The Counsel is hired to assist with a particular matter, and their involvement ceases upon completion of the project or resolution of the case. 4. General Of Counsel Agreement: A general agreement covers a broader scope of collaboration between the Principal and Counsel. It allows the Counsel to handle various matters in their specific area of expertise on an ongoing basis. By entering into a Suffolk New York Of Counsel Agreement with Law Partnership, law firms can harness the skills and experience of specialized attorneys, diversify their legal services, and provide clients with a wider array of legal support.