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Needing the aid of a lawyer is something that no one needs as it typically implies you are encountering some sort of legal issue and that you will possibly have to think a substantial economic expense. 3 However, D.C.'s rule is narrowly tailored to permit equity possession just by those nonlawyer companions that actively aid the company's attorneys in giving legal solutions, and does not allow for the sale of ownership shares to simple passive nonlawyer capitalists.
Numerous big law firms have moved to a two-tiered collaboration version, with equity and non-equity companions Equity partners are thought about to have ownership risks in the company, and share in the revenues (and losses) of the firm.
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