Palm trees in Santa Barbara, California. Credit: Tono Balaguer/Adobe Stock Nonlawyer Ownership Remains on the Table in California—With National Ramifications
The recommendations of a working group exploring a regulatory sandbox in California could have a national impact.
April 22, 2022 at 03:17 PM
4 minute read
Regulation
A California bar committee looking at launching a program for licensed legal paraprofessionals in the state may have shot down a plan to allow these individuals to own minority shares in law firms. But that doesn't mean that the wider conversation about outside ownership of legal businesses in the Golden State is over.
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