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Originally Posted by Beebs
What exactly are the rules on ownership? I know I just read an article on some jurisdiction making the ownership of a law firm legal for non-lawyers, but that isn't the norm.
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Most places have very strict rules on sharing fees with non-lawyers. It's one of the best and most common ways to lose your license. They've done nothing but tighten these rules around here and the two other states I've practice in. There's been all sorts of shit regarding if having in-house/captive firm is an unauthorized practice of law. Texas has allowed it within certain parameters in insurance defense cases. Could always use your own when the company is a party. Could never do so when representing third parties, with very few exceptions.
I have heard of a jurisdiction every now and then talk about a state passing legislation to allow this. But it's usually in the context of a state legislature forgetting it doesn't have that ability.
I'm curious to see what you read. I'm really having trouble getting my mind around a bar in the U.S. that would allow non-attorney ownership of a private law firm.
Cocktooth, shut the fuck up. I could buy your ass.