Salt Lake City UT Attorney Legislation Firms: Difference between revisions

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Revision as of 16:43, 26 August 2025

Requiring the assistance of an attorney is something that nobody wishes as it generally indicates you are dealing with some sort of lawful problem which you will most likely have to presume a substantial financial outlay. 3 Nonetheless, D.C.'s rule is directly customized to enable equity ownership just by those nonlawyer partners that actively help the company's legal representatives in supplying lawful services, and does not allow for the sale of ownership shares to simple passive nonlawyer capitalists.

Many big law practice have actually transferred to a two-tiered partnership design, with equity and non-equity partners Equity partners are thought about to have ownership risks in the company, and share in the revenues (and losses) of the firm.

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