Sentences with phrase «permitted nonlawyer ownership»

I can understand that in some states, simply hiring Doc as a contractor or simply paying him a salary would be considered sufficient compensation, and that may be one reason why those states do not permit nonlawyer ownership.

It was easy for us to set up their because of the similar regulatory regime that permits nonlawyer ownership.

Most lawyers who are members of the DC bar are also members of the bar of another state, and that state does not permit nonlawyer ownership in any form.

The Commission would, it explained, continue to consider how to provide practical guidance in relation to choice of law problems that arise because D.C. and a growing number of jurisdictions outside the US permit nonlawyer ownership of law firms.

[42](Later, on August 19, 2013, the ABA Standing Committee on Ethics and Professional Responsibility issued Formal Opinion 464, which clarifies that a lawyer subject to Model Rule 5.4 may share fees with a law firm practicing in a jurisdiction that permits nonlawyer ownership, even if those fees might be distributed to a nonlawyer, provided that there is no interference with the lawyer's independent professional judgment).

Not exact matches

Save for one exception, the District of Columbia is the only jurisdiction in the U.S. that under very limited circumstances actually permits ownership or management of a law firm by nonlawyers.

It does not permit passive investment, and it does not sufficiently clarify just how nonlawyer ownership is supposed to work.