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Latest revision as of 16:51, 27 August 2025

Requiring the aid of an attorney is something that no one wishes as it usually suggests you are dealing with some type of legal problem and that you will probably need to think a significant financial investment. 3 However, D.C.'s regulation is directly tailored to permit equity ownership only by those nonlawyer companions who actively help the firm's attorneys in giving lawful services, and does not permit the sale of ownership shares to plain passive nonlawyer investors.

Numerous large law office have transferred to a two-tiered collaboration version, with equity and non-equity partners Equity companions are considered to have possession stakes in the firm, and share in the profits (and losses) of the company.

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