Thursday, March 12, 2015

"Other" Parties

"Other" Parties

How does your firm keep track of third-parties?  "Other" parties may be a third-party, a related party, potential clients, or potentially adverse parties.  Pretty much anything other than a party that is clearly a client or clearly adverse is a third-party or "other."  Often times "other" parties interests are aligned with the client.  Depending on the type of the matter, for example in an arbitration or mediation matter where a firm attorney is serving as the arbitrator or mediator, both sides may be listed as "adverse" or "other" simply to determine if either side (or if ​one of their affiliates) is a client.  Another reason to keep track of "other" parties is to list opposing counsel or the opposing law firm.  Some firms do not track third-parties at all.  If they do, they do not always search them extensively. 

We invite you to share in the comments section below.

Thank you.

RION Corp.

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