Salt Lake City UT Attorney Legislation Firms: Difference between revisions

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Latest revision as of 14:00, 27 August 2025

Requiring the help of a legal representative is something that no one desires as it generally implies you are facing some sort of legal problem which you will probably have to assume a considerable financial outlay. 3 Nevertheless, D.C.'s guideline is directly tailored to allow equity ownership only by those nonlawyer companions that proactively assist the firm's legal representatives in offering legal solutions, and does not permit the sale of possession shares to plain passive nonlawyer financiers.

Lots of huge law practice have moved to a two-tiered partnership version, with equity and non-equity partners Equity partners are considered to have possession risks in the company, and share in the profits (and losses) of the company.

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