When planning for retirement, medical expenses, long-term care, and possible nursing home stays might not be the first thing that pops into someone’s mind. However, these costs might take the biggest bite out your budget.
Oftentimes, a lawyer who is ready to quit the practice of law elects to downsize rather than completely shutdown, often entering into an agreement with another firm or lawyer. These relationships, however, create the very real risk of vicarious malpractice liability.
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