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Revision as of 22:09, 26 August 2025

Needing the help of an attorney is something that no one desires as it generally suggests you are encountering some sort of lawful issue and that you will most likely need to assume a substantial economic investment. 3 Nevertheless, D.C.'s guideline is directly customized to enable equity ownership only by those nonlawyer companions that proactively aid the company's lawyers in providing lawful services, and does not enable the sale of possession shares to plain passive nonlawyer capitalists.

Numerous big law office have transferred to a two-tiered partnership version, with equity and non-equity companions Equity companions are taken into consideration to have possession stakes in the firm, and share in the revenues (and losses) of the firm.

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