US Remains Stuck in the Past on Ownership of Law Firms

Outside the US, some law firms have been doing IPOs since 2007. But in the US, things remain stuck in the past. A new opinion knocks down efforts to allow non-lawyer owners of law firms. Bloomberg has the story, here.

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About Kirk

Since becoming a lawyer in 1983, Kirk’s over 30 years of practice have focused on advising a wide range of corporations, associations, and individuals (as both plaintiffs and defendants) on both tort and commercial law issues centered around “mass torts.”


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