Many lawyers ask the question: can a lawyer practice law after selling a law practice. To answer this question, we turn to the American Bar Association (ABA) and its Rule 1.17, which provides guidance on this matter.
Practice Law Post-SaleAfter the sale, the lawyer may continue to practice law in a different substantive area, jurisdiction, or as part of another firm, as long as they follow the applicable rules and regulations. ABA Rule 1.17 does not impose any restrictions on the seller's ability to continue their legal career.
Understanding ABA Rule 1.17ABA Rule 1.17, titled "Sale of a Law Practice," acknowledges the possibility of selling a practice, emphasizing the need for transparency, client protection, and ethical considerations. This rule is intended to facilitate the transition of a lawyer's practice while upholding the profession's ethical standards.
The General Principle …