While referral fees and fee sharing agreements play an important role, these fees are not easy and risk-free money. There are strict requirements in order to collect the referral fee and proactive risk management pertaining to fee splitting agreements is critical. The CNA LPL Risk Control team outlines the rules and benefits of referrals as well as some best risk management practices for attorneys to keep in mind at the outset and during the referral arrangement. CNA Article to read more.
CNA - A Brave New Advertising World: Ensuring Success and Avoiding Pitfalls with Legal Advertising in Emerging Formats