Update on Lawsuits Challenging US Restrictions on Law Firm Ownership
In the US, the Citizens United opinion recently taught us that corporations have free speech rights to pour unlimited amounts of money into elections. But woe be unto corporations or others who might want to invest in law firms. Frankly, investing in lawyers and law firms seems like a great way to invest in free speech and conduct. But, for now, the investment walls remain in place. Here’s an update article from the New York Law Journal on a new opinion opinion from a New York federal judge (Kaplan) refusing to hear the claim, and also mentioning and linking to developments in other similar cases.