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Latest revision as of 15:29, 27 August 2025

Requiring the support of a lawyer is something that no one desires as it usually indicates you are facing some sort of legal problem and that you will most likely need to think a substantial financial outlay. 3 Nonetheless, D.C.'s rule is directly customized to permit equity ownership just by those nonlawyer companions that actively help the firm's legal representatives in supplying lawful solutions, and does not allow for the sale of ownership shares to simple passive nonlawyer investors.

Lots of big law office have relocated to a two-tiered collaboration design, with equity and non-equity partners Equity companions are thought about to have ownership stakes in the company, and share in the earnings (and losses) of the company.

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