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Revision as of 08:45, 26 August 2025

Requiring the help of an attorney is something that nobody wishes as it generally suggests you are facing some kind of legal issue which you will probably need to presume a substantial economic investment. 3 Nevertheless, D.C.'s rule is directly tailored to enable equity ownership only by those nonlawyer partners that proactively help the company's lawyers in offering legal solutions, and does not allow for the sale of possession shares to simple passive nonlawyer investors.

Numerous big law office have actually transferred to a two-tiered partnership design, with equity and non-equity companions Equity companions are considered to have possession stakes in the firm, and share in the profits (and losses) of the firm.

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