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Revision as of 16:42, 26 August 2025

Requiring the support of an attorney is something that nobody needs as it typically implies you are dealing with some sort of legal issue and that you will probably need to presume a substantial financial expense. 3 Nonetheless, D.C.'s rule is directly customized to allow equity possession only by those nonlawyer companions that proactively help the firm's legal representatives in offering lawful services, and does not enable the sale of ownership shares to mere passive nonlawyer investors.

Numerous big law office have actually transferred to a two-tiered collaboration model, with equity and non-equity partners Equity partners are considered to have possession risks in the firm, and share in the earnings (and losses) of the company.

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