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Thoughts on non-lawyer ownership of law firms?

I read on here about young lawyers who are waiting for boome...
drunken flesh pistol whorehouse
  11/23/14
there are a number of reasons why this would never happen, e...
rebellious buff fat ankles senate
  11/23/14
What would those be?
drunken flesh pistol whorehouse
  11/23/14


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Date: November 23rd, 2014 11:16 AM
Author: drunken flesh pistol whorehouse

I read on here about young lawyers who are waiting for boomer partners to retire so they can take over their clients and become partners. But what if the ABA allows non-lawyer ownership of law firms? Seems like you would see some of the big firms going public so the partners could cash out, rather than just handing over their businesses to the junior people. Incidentally, this is basically what happened with the big private equity firms.

(http://www.autoadmit.com/thread.php?thread_id=2735816&forum_id=2#26777320)



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Date: November 23rd, 2014 11:18 AM
Author: rebellious buff fat ankles senate

there are a number of reasons why this would never happen, even if the non-lawyer ownership prohibition didn't exist

(http://www.autoadmit.com/thread.php?thread_id=2735816&forum_id=2#26777333)



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Date: November 23rd, 2014 11:24 AM
Author: drunken flesh pistol whorehouse

What would those be?

(http://www.autoadmit.com/thread.php?thread_id=2735816&forum_id=2#26777353)