CALIFORNIA FAMILY LAW
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Business Interests
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Valuation Issues
.........Law Firms
5 Cards On This Topic:
Goodwill in law firms.
List of assets and liabilities to be examined in valuing law practice.
Finding of no value to law practice erroneous due to failure to consider tangible assets.
In dissolution of legal partnership, fees generated from cases are divided in proportion to interests in partnership.
Partnership agreement which has effect of restricting clients' right to go with departing partner held unenforceable.