CommentaryAttorney Analysis from Westlaw Today, a part of Thomson Reuters. August 19, 2021 - It has long been the case that law firms have been owned by lawyers. Whereas most companies that offer ...

Traditionally, the only place to seek legal advice in the U.S. has been at a firm owned and run by one or more lawyers. Change, though, may be on the horizon. A few states have loosened the rules that ...

Nonlawyer Ownership in Law Firms Some states have begun to allow for joint partnerships between lawyers and nonlawyers through alternative business structures. Advocates argue this increases access to ...

Industry Insights from Thomson Reuters Institute, a part of Thomson Reuters. Under Attorney Rule of Professional Conduct 5.4, law firms are barred from offering ownership or other ...

Private equity-backed Vialto Partners has an affiliated entity called Vialto Law, which is specializing in immigration work. Industry observers say it is becoming more common for global mobility ...