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Where do you see any leeway in this? (d) A lawyer shall not practice with or in the form of a professional corporation or association authorized to practice la
by bradleyjg 9y ago
Where do you see any leeway in this?
(d) A lawyer shall not practice with or in the form of a professional corporation or association authorized to practice law for a profit, if:
(1) a nonlawyer owns any interest therein, except that a fiduciary representative of the estate of a lawyer may hold the stock or interest of the lawyer for a reasonable time during administration;
(2) a nonlawyer is a corporate director or officer thereof or occupies the position of similar responsibility in any form of association other than a corporation ; or
(3) a nonlawyer has the right to direct or control the professional judgment of a lawyer.
- AndrewKemendo 9y agoThere are a lot of ways to structure things that would fall into one of those exemptions.
- rayiner 9y agoI think the organization disclosed above fits into that exception so long as there is sufficient separation between the tech company and the law firm. Structuring the law firm as a customer of the tech company probably qualifies. That said, I wouldn’t want to be putting my law license on the line for uncharted territory. Ethics enforcement can be really arbitrary.