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Revision as of 00:58, 26 August 2024
Requiring the aid of a legal representative is something that nobody desires as it normally suggests you are dealing with some sort of lawful issue which you will possibly need to presume a significant financial outlay. 3 Nonetheless, D.C.'s policy is directly customized to permit equity possession just by those nonlawyer partners who actively aid the firm's lawyers in supplying legal solutions, and does not allow for the sale of ownership shares to plain passive nonlawyer investors.
Many huge law office have actually transferred to a two-tiered partnership version, with equity and non-equity partners Equity companions are thought about to have possession stakes in the company, and share in the earnings (and losses) of the firm.
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