Trisha M. Rich
Partner
Overview
Trisha Rich is a litigator, trial attorney and one of the country's foremost lawyers working in the area of legal ethics, professional responsibility, the business of law and the regulation of the legal profession.
Ms. Rich brings nearly two decades of broad experience to assist all types of clients in navigating complex business and commercial disputes. She has served as lead or co-lead in more than a dozen trials and arbitrations and has extensive experience representing clients in administrative proceedings. Ms. Rich's litigation experience includes high-stakes matters involving business torts, commercial disputes, contracts, employment matters, negligence and myriad other civil matters. Additionally, Ms. Rich leads Holland & Knight's national Legal Profession Team and regularly counsels lawyers, law firms, in-house legal departments, legal technology companies, investors and other stakeholders regarding the regulation of the practice of law.
Ms. Rich is the first vice president of the Chicago Bar Association and will become president of the organization in June 2026. She is also a past president of the Association of Professional Responsibility Lawyers, the nation's largest bar association for legal ethicists and professional responsibility lawyers.
Trish is a problem solver, practical thinker, and always has an idea (or two) on how to help our business. She delivers high quality legal advice across many areas and her partnership is critical to my ability to manage risk, big and small, across a global business. Trish is always my first call and my most trusted advisor.
– Current Client, 2025
In her legal ethics and legal regulation practice, Ms. Rich is a nationally recognized leader. Her experience in this space includes extensive work in emerging areas of "New Law," including litigation financing, alternative business structures (ABSs) and the regulation of the business of law. She has significant experience and is a market leader in representing both law firms and investors in structuring law firm/management service organization (MSO) partnerships.
Ms. Rich is often called upon to serve as outside general counsel to law firms, advising on all types of risk management, legal ethics and legal regulatory matters, including complex conflicts and privilege matters, internal investigations, partnership formations and breakups, and law firm data breaches and security. She regularly handles lawyer and law firm litigation, including partnership disputes, disciplinary proceedings, legal fee disagreements, and sanctions and disqualification motions, among other issues. Ms. Rich also serves as an expert witness in the legal ethics and regulatory space.
Trish is the consummate legal professional. She is responsive, attentive, personable, accountable, and she is a creative legal thinker. Those traits coupled with her depth of knowledge and experience make her an ideal advisor to any sophisticated enterprise. As the head of our in-house legal department, I consider Trish an essential aspect of our operation.
– Current Client, 2025
Ms. Rich has often been recognized for her work, including being named repeatedly to Crain's Chicago Business Notable Litigators and Trial Attorneys, Thomson Reuters Stand-Out Lawyers and Illinois Super Lawyers, as well as being designated as a National Institute for Trial Advocacy (NITA) Master Advocate in 2023. In 2021, Law Bulletin Media named Ms. Rich among the Top 50 Women in Law, and in 2018, she was recognized in Crain's Chicago Business as a 40 Under 40, the only practicing attorney recognized that year.
Ms. Rich sits in Holland & Knight's Chicago and New York offices and serves as the Chicago office's Professional Responsibility Partner. She has taught legal regulation and professional responsibility law at a number of law schools, including in her current appointment as an adjunct professor at New York University School of Law. Ms. Rich is a frequent speaker, lecturer and author on many legal regulation and ethics topics. She is often sought out for media contributions related to legal regulation and has been cited or quoted in many publications, including in The Wall Street Journal, CBS News, Financial Times, Reuters, Bloomberg Law and others. She is the author of Practical Ethics, the ethics column in the Chicago Bar Association's magazine. In addition to her bar service, Ms. Rich has active leadership roles in a number of other legal and community organizations, including serving in leadership on the Illinois Judicial Ethics Committee, where she was one of the authors of the 2023 Illinois Code of Judicial Conduct.
Prior to practicing law, Ms. Rich taught practical and theoretical ethics at two universities.
Representative Experience
- Represented lawyers, law firms and investors in significant management service organization (MSO) transactions
- Advised lawyers, law firms and in-house counsel on various professional responsibility, legal ethics, conflicts and lateral hiring issues
- Represented lawyers, law firms and stakeholders in forming and maintaining Arizona-based alternative business structures
- Represented law students in character and fitness proceedings, as well as lawyers in disciplinary defense actions
- Defended law firms and lawyers in major litigation, including high-stakes sanctions and disqualification proceedings
- Initiated and defended major litigation on behalf of law firms, including sanctions and disqualification proceedings
- Assisted lawyers and law firms in opening new firms or new offices of existing firms, including serving as primary outside counsel to large law firms for expanding into new geographic areas
- Served as an expert witness for legal ethics and professional responsibility matters, including partnership disputes, lateral transitions and fee disputes
- Advised law firms on remediation and ethical responsibilities as a result of data breaches
- Represented a financial services company in a $22 million fraud and breach of contract arbitration, ultimately prevailing in arbitration with a defense award
- Successfully defended a book publisher and author in a class action litigation suit alleging consumer fraud and deceptive marketing tactics
- Successfully represented a major state pension fund in multiple contract and fraud disputes
- Won injunctive relief for a medical platform alleging fraud and breach of contract against a third-party contractor
- Represented financial institutions for alleged violations of the Fair Debt Collection Practices Act (FDCPA), Telephone Consumer Protection Act (TCPA) and Real Estate Settlement Procedures Act (RESPA)
- Representation of various types of lenders, including investment managers and special servicers, in a complex multimillion-dollar distressed real estate litigation involving commercial and mixed-use properties
- Prosecution of complex foreclosures of commercial properties on behalf of lenders, successfully reaching resolutions maximizing recovery to lenders
- Defense of commercial lenders in a broad range of lender liability disputes, including claims of fraud and breach of fiduciary duties
- Prosecution of complex foreclosures of commercial properties on behalf of lenders, successfully reaching resolutions that maximized recovery to lenders
- Represented commercial lenders in contested foreclosures of office buildings, shopping centers and multifamily developments, including contested evidentiary hearings and various motion practices
- Representation of commercial landlords and tenants in lease disputes
- Represented major banks in multiple commercial foreclosure matters
Credentials
- University of Michigan Law School, J.D.
- Western Michigan University, M.A., Philosophy, magna cum laude
- Western Michigan University, BBA, Business and Economics, magna cum laude
- Arizona
- Illinois
- New York
- Michigan
- U.S. Supreme Court
- U.S. Tax Court
- U.S. Court of Appeals for the Seventh Circuit
- U.S. Court of Appeals for the Ninth Circuit
- U.S. District Court for the Northern District of Illinois
- U.S. District Court for the Northern District of Illinois, Trial Bar
- U.S. District Court for the Southern District of Illinois
- U.S. District Court for the Central District of Illinois
- U.S. District Court for the Eastern District of Michigan
- U.S. District Court for the Western District of Michigan
- U.S. District Court for the District of Colorado
- U.S. District Court for the Eastern District of New York
- U.S. District Court for the Southern District of New York
- Chicago Bar Association, First Vice President, 2025-2026; Secretary, 2023-2025; Executive Committee, 2023-Present; Membership Committee, 2015-Present; Finance Committee, 2016-Present; CLE Committee, 2016-Present; Board of Managers, 2019-2021; Judicial Evaluation Committee, 2013-2019; Nomination Committee, 2016
- Association of Professional Responsibility Lawyers, Immediate Past President, 2023-2024; President, 2022-2023; President-Elect, 2021-2022; Secretary, 2020-2021
- American Bar Association (ABA) Standing Committee on Ethics and Professional Responsibility, Liaison, 2019; Director, 2019-2020; Marketing Committee Chair, 2015-2019
- Illinois Supreme Court Commission on Professionalism, Commissioner, 2017-2025; Audit & Finance Committee Chair, 2020-2025
- ABA/Bloomberg Law Lawyers' Manual on Professional Conduct, Editorial Board, 2023-Present
- Law360 Editorial Board Member, Legal Ethics, 2020-Present
- ABA, Center for Professional Responsibility, 2014-Present
- Illinois Judicial Ethics Committee, Committee Coordinator, 2016-Present
- Chicago Bar Association/Chicago Bar Foundation (CBA/CBF) Task Force on the Sustainable Practice of Law & Innovation, 2020-2021
- Metropolitan Water Reclamation District of Greater Chicago, Ethics Commission, Chair, 2021-Present
- New York City Bar Association, Committee on Professional Ethics, 2020-2023
- National ABS Law Firm Association, 2025-Present
- National Conference of Bar Presidents; Programming Committee, 2023-2025; Membership Committee, 2023-2024
- Chicago Inn of Court, 2016-Present
- American Bar Foundation, Fellow, 2020-Present
- Justice Entrepreneurs Project, Advisory Board Member, 2016-Present
- 44th Ward Judicial Evaluation Committee, Chair, 2025
- Personal PAC, Vice Chair, 2024-Present; Board Member, 2019-Present
- Lawyers Lend-A-Hand to Youth, Board Member, 2023-2026
- Holland & Knight Charitable Foundation, Board Member, 2025-Present
- Holland & Knight Women's Initiative, Chicago Office Co-Chair, 2022-2025
- Leadership Greater Chicago, Fellow, Class of 2021
- Chicago Bar Foundation, Pro Bono Week Co-Chair, 2017
- The American Lawyer Young Lawyers Editorial Board, 2018-2021
- University of Michigan Law School, Reunion Committees Co-Chair, 2011, 2016, 2021
- Make-A-Wish Foundation of Illinois, Associate Board, 2011-2019
- Illinois Judges Foundation Auxiliary Committee, 2016-2020
- The Diversity Scholarship Foundation Unity Awards Dinner Committee, 2016-2019
- Top Women Lawyers in Leadership, Women's Bar Association of Illinois, 2025
- The Best Lawyers in America guide, Commercial Litigation, 2026
- Illinois Super Lawyers magazine, 2024, 2025
- Stand-out Lawyer, Thomson Reuters, 2024, 2025
- Notable Women in Law, Crain's Chicago Business, 2024
- Notable Litigators and Trial Attorneys, Crain's Chicago Business, 2023
- National Institute for Trial Advocacy (NITA), Advocate, 2022; Master Advocate, 2023
- Top 50 Women in Law, Law Bulletin Media, 2021
- Chicago's Notable Women Lawyers, Crain's Chicago Business, 2018, 2020
- Pro Bono All Star, Holland & Knight, 2007-2021
- 40 Under 40, Crain's Chicago Business, 2018
- Forty Under 40 Illinois Lawyers to Watch, Law Bulletin Media, 2017
- The Maurice Weigle Exceptional Young Lawyer Award, Chicago Bar Foundation, 2017
- Emerging Lawyer, Leading Lawyers, 2015-2017
- Holland & Knight Public and Charitable Service All-Star, 2013, 2017
- Holland & Knight Living the Commitment Award, 2016
- Milton H. Gray Award for Outstanding Project Leadership, Chicago Bar Association's Young Lawyers Section, 2016
- Rising Star, Illinois Super Lawyers magazine, 2013-2016
- Top Fundraiser, Make-A-Wish Foundation of Illinois Associate Board, 2014-2015; 2015-2016
- David C. Hilliard Award for Outstanding Committee Service, Committee Co-Chair, 2015
- Holland & Knight Rising Star, Class of 2014
- Holland & Knight National Brightest Star Award, 2014
- Northern District of Illinois Award for Excellence in Pro Bono Service, 2011