Credit: retrorocket/Shutterstock.com Arizona Green Lights Combined Elevate Entity as Its First Nonlawyer-Owned Law Firm
The news comes as other states such as Florida and California mull their own changes to ABA Rule 5.4, which prohibits fee-sharing and nonlawyer ownership in law firms.
January 13, 2022 at 02:18 PM
2 minute read
Law Firm Structure
The Arizona Supreme Court is allowing alternative legal services provider Elevate and law firm ElevateNext to merge. The combined company, Elevate, is the first "alternative business structure" to be a granted a license in the state, which allows the law company to be owned by nonlawyers.
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