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Partnership Investments

By Sheldon Banoff
February 28, 2007

With profits per partner continuing to rise, many attorneys have more discretionary income available for investment. In addition to investing directly in both traditional and nontraditional sources, some partners may also choose to invest (either inside or outside their law firms) in opportunities that arise in the law firm setting. Sources of investment opportunities include:

1) Firm clients, some of whom may expect their law firms and other professionals to actively invest in their new activities (e.g., a stock or securities offering or hedge fund), as a sign of support;

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