The District of Columbia’s bar association is considering easing the rules regarding nonlawyers owning and partnering with law firms, Law360 reports.
D.C. is currently the only jurisdiction that allows nonlawyers to partner at law firms, though only under very specific circumstances. The new rules would allow nonlawyers to own firms. Other states, like California, are also considering rules. The U.S. Chamber Institute for Legal Reform (ILR) said last fall that allowing nonlawyers to own law firms “would not only fuel more litigation, but it would give attorneys another client: shareholders and others with a financial stake in the litigation.”