The Progress Report

Most people think of retirement as a time to put your feet up and relax, but it can also be a time when preretirees and retirees alike actually need to flex the grey matter.

A general law partnership is formed when two or more people (and up to, but no more than, 20 people) go into business together. Partnerships are generally set up so that all partners are equally responsible for the management of the business, but each also has liability for the debts that business may incur.