Putting out for-sale sign
For several years in Illinois, Rule 1.17 of the Rules of Professional Conduct has authorized the sale of a law practice, including the sale of goodwill. Illinois Rule 1.17 provides: A lawyer or a law firm may sell or purchase, and the estate of a deceased lawyer or the guardian or authorized representative of a disabled lawyer may sell, a law practice, including goodwill, if the following conditions are …
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