For those considering office sharing (or already doing so), here are a few of my recommendations for minimizing the risks and maximizing the benefits:
Excerpt from the Article:
Office sharing offers many advantages to lawyers and continues to grow in popularity. Much of the credit belongs to soaring rent al and purchase costs, as well as to the decrease in suitable space in many localities. Also, many lawyers with healthy incomes prefer office sharing to more conventional setups, as it provides an instant network of lawyers or other professionals (such as accountants or insurance agents). Office sharing provides a “family” of familiar faces each day ⎯ something many solos find they miss when going it alone. On the other hand, office sharing has its share of hidden time bombs for lawyers who fail to do their homework before entering such arrangements and for those who refuse to take common-sense precautions while sharing space.
Click to read the full PDF here: Tips On Office Sharing And Executive Suites
(from chapter in ABA/Law Practice Management’s Flying Solo, Edition 4 Publication)