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Ch. 1

Summary

QuestionAnswer
1. What is the difference between a partner and a shareholder? A partner/shareholder is an owner of the law firm, while an associate is an employee of the firm and does not share in its profits and losses.
2. Partners are sometimes called _________ partners because they share in the profits and losses of the firm. Equity.
3. What are the duties of a managing partner? Manage or run the operation of the law firm.
4. What is a lawyer called who is a salaried employee and does not have an ownership interest or share profits in the firm? An associate attorney.
5. An associate is usually with a firm between 5 and ____ years before being a candidate for a partnership program. Ten.
6. A ____ partner does not share in the profits or losses of the firm but may be included in some aspects of management of the firm and be entitled to benefits. Non-equity
7. What is a temporary associate attorney who is hired for a specific job or period called? Contract attorney
8. An attorney affiliated with a firm in some way, such as being retired or semiretired from the firm, may have the designation “of _______’. Counsel.
9. Legal administrators are usually found in ____ and ______ sized law firms. Medium and Large.
10. Name three areas of responsibility for a legal administrator. General management, finance and accounting, human recourses, marketing , and computer systems.
11. True or False : A legal assistant can become an associate member of the American Bar Association. True.
12. A distinguishable group of persons who assist attorneys in the delivery of legal services are called ______. Legal assistants.
13. Legal assistants who work as independent contractors but are still supervised and report to an attorney are called __________. Freelance/Contract legal assistants.
14. True or False : Drafting correspondence is the number one duty of most legal assistants. True.
15. True or False : Most legal assistants attend depositions and trials. False.
16. True or False : The number one specialties are for legal assistants is civil litigation. True.
17. Nearly 69% of all legal assistants are employed in what type of law office? Private.
18. According the the United States Department of Labor, are legal assistants exempt or nonexempt under the Fair Labor Standards Act? Nonexempt.
19. Why is the United State Supreme Court case of Missouri v. Jenkins important to the legal assistant profession? The United States Supreme Court recognized that legal assistants could bill for their time at the prevailing market rate.
20. Office managers are usually found in _______ sized law firms. Smaller.
21. The four types of law practices are ______, ________, ________, and ______. Private, Government, Legal Services/Aid, Corporate.
22. The head lawyer of a corporate law department is called a ______. General Counsel.
23. A not-for-profit law office that receives grants from the government and private donations to represents disadvantaged persons or people who cannot afford legal services is called a _______. Legal Services/aid office.
24. The majority of attorneys in the U.S. work in _______ practice. Private.
25. Approximately 48% of all attorneys work in the size law office. Sole practitioner.
26. A small law office that specializes in only one or two areas is sometimes called a ______ firm. Boutique.
27. Private law practices have four options from which to choose their legal status. What are they? Professional corporate, partnership, limited liability company, sole proprietorship.
28. A management structure in a private law firm where one partner is responsible for managing the firm is called a _________. Managing partner or powerful managing partner.
29. The three types of management structures for private law firms are ________, ________, and __________. Managing partner, rule by partners/shareholders, by management committee.
Created by: Mary Clayton
 

 



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