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Revision as of 08:44, 17 January 2026

Requiring the aid of a legal representative is something that no one wishes as it normally suggests you are encountering some sort of legal issue and that you will most likely need to presume a substantial economic investment. 3 However, D.C.'s guideline is directly customized to allow equity ownership just by those nonlawyer companions who proactively aid the company's lawyers in supplying lawful solutions, and does not permit the sale of ownership shares to simple passive nonlawyer investors.

Many large law practice have relocated to a two-tiered partnership design, with equity and non-equity companions Equity partners are considered to have possession stakes in the company, and share in the profits (and losses) of the firm.

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