correct answers.
difference between a partner/shareholder and an associate attorney - Correct Answer
Partner/shareholder is an owner of the law firm
While an associate is an employee of the firm & does not share in profits or losses
partners that share in the profit and losses of the firm - Correct Answer Equity
what are the duties of a managing partner - Correct Answer Manage or run the operation of the law firm
A lawyer who is salaried employee but does not have ownership interest/share profits in the firm -
Correct Answer an associate attorney
How many years associate must be with a firm before considered for a partnership - Correct Answer 5-
10
Partner who is included in some aspect of management of the firm and be entitled to certain benefits -
Correct Answer Nonequity
Temporary associate attorney who is hired for a specific job/ period - Correct Answer Contract attorney
attorney affiliated with a firm may have designation of - Correct Answer Counsel
legal administrators are found in what size firms - Correct Answer Medium & Large
3 areas of responsibility for a legal administrator - Correct Answer General Management
Finance & Accounting
Human Resources, Marketing, and Computer systems
A legal assistant can become an associate member of the ABA - Correct Answer True
,group of persons who assist attorneys in the delivery of legal services - Correct Answer Legal Assistants
legal ssistants who work as independent contractors byt are still supervised and report to an attorney -
Correct Answer Freelance/Contract L.A.
drafting correspondence is the number one duty of most legal assistants - Correct Answer True
most legal assistants attend depositions and trials - Correct Answer False
number one specialty area for legal assistants is civil litifation - Correct Answer True
nearly 69% of all legal assistants are employed in what type of law practice? - Correct Answer Private
according to the United States Department of Labor are legal assistants exempt or non-exempt under
fair labor standards act? - Correct Answer Nonexempt
why is the U.S. S. C. case of Missouri v. Jenkins important to the legal assistant profession? - Correct
Answer The U.S. Supreme Court recognized that legal assistants could bill for their time at the prevailing
market rate
Office managers are found in what size firms - Correct Answer Smaller
4 types of law practices - Correct Answer Private
Government
Legal services/aid
Corporate
head lawyer of a corporate law department - Correct Answer General Counsel
, a nonprofit law office that receives grants from the gov. and private donations to represent
disadvantaged - Correct Answer Legal Services/aid office
Majority of lawyers work in what kind of practice - Correct Answer Private
Approximately 48% of all attorneys work in the size office - Correct Answer Sole Practitoner
A small law office that specializes in only one/two areas - Correct Answer Boutique
4 options from which to choose their legal status. - Correct Answer Professional Corporate
sole proprietorship
Partnership
Limited liability company
A management structure in a private law firm where on partner is responsible for managing the firm -
Correct Answer Managing partner or powerful managing partner
3 types of management structures for private law firms - Correct Answer Managing partner
rule by all partners/shareholders
Management committee
Management decisions related to how a law office practices law and handles its cases - Correct Answer
Practice
management decisions related to operating a law office including financial and personnel matters -
Correct Answer Administrative
3 basic practice management questions that must be considered - Correct Answer What clients will the
law office serve
What services will be offered to the client