Asked by Marco Valdez on May 03, 2024
Verified
Associate attorneys are
A) attorneys who are not partners in the firm and thus do not share in the profits.
B) attorneys who make decisions relating to the firm's policies and procedures and who generally oversee the business operations of the firm.
C) the attorneys who begin a firm.
D) None of these choices is correct.
Associate Attorneys
Lawyers who are employed by a law firm but do not possess ownership or partnership status within the firm.
Business Operations
Activities involved in the day-to-day functions of a business, related to creating and delivering products or services to customers.
Policies
Guidelines or rules established by organizations or governments to direct actions and decisions in specific areas.
- Grasp the role of different types of attorneys within a law firm, including associate attorneys, staff attorneys, and partners.
Verified Answer
TS
Tailor SmithMay 07, 2024
Final Answer :
A
Explanation :
Associate attorneys are typically lower in the hierarchy than partners and do not share in the firm's profits. They often work under the supervision of partners and may have less say in the firm's operations and decision-making processes.
Learning Objectives
- Grasp the role of different types of attorneys within a law firm, including associate attorneys, staff attorneys, and partners.