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Revision as of 21:40, 4 September 2024
Requiring the aid of a lawyer is something that no one desires as it usually suggests you are dealing with some kind of lawful issue which you will most likely need to presume a considerable monetary expense. 3 However, D.C.'s guideline is narrowly customized to permit equity possession just by those nonlawyer partners who actively aid the company's lawyers in supplying lawful services, and does not permit the sale of possession shares to mere passive nonlawyer capitalists.
Numerous huge law practice have relocated to a two-tiered collaboration design, with equity and non-equity partners Equity partners are thought about to have possession stakes in the firm, and share in the earnings (and losses) of the company.
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