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Revision as of 17:23, 26 August 2025

Needing the help of a legal representative is something that no one desires as it usually indicates you are facing some type of lawful problem and that you will possibly have to think a considerable financial expense. 3 Nevertheless, D.C.'s regulation is narrowly customized to allow equity ownership just by those nonlawyer partners that actively help the company's legal representatives in offering legal services, and does not enable the sale of possession shares to plain passive nonlawyer capitalists.

Many big law office have moved to a two-tiered partnership model, with equity and non-equity partners Equity partners are considered to have ownership risks in the firm, and share in the profits (and losses) of the firm.

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