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Revision as of 00:52, 27 August 2025

Requiring the help of a legal representative is something that no one desires as it typically suggests you are dealing with some type of lawful problem which you will probably need to think a significant financial outlay. 3 Nonetheless, D.C.'s guideline is directly customized to allow equity ownership just by those nonlawyer partners who actively help the company's attorneys in providing legal solutions, and does not allow for the sale of possession shares to mere passive nonlawyer capitalists.

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

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