What does of counsel mean in law firms?
Of counsel means a lawyer who is associated with a firm but is not a member of the firm. Instead, an of counsel lawyer becomes associated with the firm by entering into a separate written agreement. The most common arrangement involves the lawyer maintaining his or her own practice setting but retaining the firm to represent clients in legal matters in which the firm is qualified to handle.
What does the word of counsel mean in the legal industry?
Of counsel is a term used in law firm marketing to describe attorneys who have a primary practice but work with other attorneys at the firm on an occasional basis. These attorneys are not partners but have the right to use the firm’s intellectual property, such as case files, etc.
What is the meaning of the phrase of counsel in the legal industry?
Of counsel is a relationship between an attorney and the law firm where that attorney is no longer working for the firm but remaining available to assist the firm with the matters which they previously worked on. An attorney of counsel can help the firm with strategic advice, answer questions, and even file the final paperwork on behalf of the firm. However, the attorney cannot file any new cases on behalf of the firm, and they may not even file anything on behalf of the firm without the firm first getting the firm�
What does of counsel mean in legal terms?
Of counsel means that an attorney is a lawyer who is authorized to practice law but is not a member of the firm. This relationship is often used in the legal practice of corporations to refer to attorneys who are not employees of the firm, but who are authorized to provide legal counsel to the corporation.
What does the phrase of counsel mean in the legal industry?
Of counsel refers to the status a lawyer has when they are not officially partners in a law firm but still work with the firm and share information and expertise. Of counsel lawyers are not given a say in firm matters, but they may be called on as experts to advise on a specific case. They are not required to disclose potential conflicts of interest to the firm.