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Revision as of 23:54, 3 April 2026

Needing the support of a legal representative is something that no one needs as it generally implies you are dealing with some kind of lawful issue and that you will most likely need to think a significant monetary expense. 3 Nevertheless, D.C.'s regulation is directly customized to enable equity ownership just by those nonlawyer companions that proactively assist the company's attorneys in supplying legal solutions, and does not permit the sale of possession shares to mere passive nonlawyer financiers.

Many big law office have transferred to a two-tiered partnership version, with equity and non-equity partners Equity companions are taken into consideration to have possession risks in the company, and share in the profits (and losses) of the company.

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