Print Page   |   Contact Us   |   Sign In   |   Join Us
Site Search
Legal Flash
Blog Home All Blogs
Search all posts for:   


View all (745) posts »

Nonlawyer Ownership of Law Firms Is a Bad Idea, Say Bar Groups

Posted By Sara Brylowski, Monday, May 16, 2016

Should non-lawyers be allowed to own stakes in law firms? A resounding “no” is the opinion of many state bar association leaders.

An American Bar Association commission is once again studying the issue and sought input from the wider legal world. Those who favor lifting the restriction say the changewould expand consumers’ access to legal services, spur innovation and reduce the cost of legal help.

But resistance to the idea remains fierce among many state bar groups, judging by comment letters they submitted in response. “There can be no doubt that the public interest and integrity of the profession is best served when lawyers are owners of law firms,” wrote the New Jersey State Bar Association’s president, Miles S. Winder.

Read the whole story at WSJ

This post has not been tagged.

Share |
Permalink | Comments (0)
more Latest News
more Calendar

Sixth District Court of Appeal Lunch and Round Table

Bourbon and Commercial Leasing

Everything You Need to Know About Income & Expense Declarations But Were Afraid to Ask

Recent Recognitions
Hon. Beth McGowen2015 Women Lawyers’ Section Honoree
Hon. Sallie KimUnsung Heroes, 2015

Membership Software Powered by®  ::  Legal