Nonlawyer Ownership of Law Firms: Coming to a Jurisdiction Near You? | Conn Kavanaugh
To embed, copy and paste the code into your website or blog: Traditionally, the only place to seek legal advice in the U.S. has been at a firm owned and run by one or more lawyers. Change, though, may be on the horizon. A few states have loosened the rules that enforce this norm, and several more are considering it. This shift is hardly seismic—at least, not yet—but, if larger jurisdictions adopt similar changes, these liberalizations may well begin to shift the national landscape. The Current Rule With a few inapposite exceptions, ABA Model Rule 5.4 bars lawyers from sharing legal ...