Janis Meyer Quoted in Article About Law Firms Making Partners Pay to Leave
Janis M. Meyer, a New York-based partner in the Lawyers for the Profession® group at Hinshaw & Culbertson LLP, was quoted in the article "Firms Increasingly Making Partners Pay to Leave" published by Law.com on June 6, 2016.
The article examines the trend of moves to claw back bonuses which is how many law firms are looking to protect themselves from cash walking out the door in a low-demand market and to discourage lateral departures. Ms. Meyer says depending on the circumstances, "[s]tructuring sign-on bonuses as loans that are only forgiven as a matter of employment could be seen as a breach of the profession’s rules against restrictions on a lawyer’s right to practice."
Read the full article "Firms Increasingly Making Partners Pay to Leave" on the Law.com website. Please note a subscription is required.
Janis Meyer focuses her practice on professional responsibility, risk management, and professional liability law, with particular emphasis on attorneys and law firms. Ms. Meyer is familiar with a broad spectrum of professional liability, human resource, and other risk management issues arising in law firms.