We have written before on beneficial ownership, the Corporate Transparency Act, and the American Bar Association's revision to ABA Model Rule 1.16 regarding engagement and maintenance of the attorney-client relation, and the grounds for mandatory and permissive withdrawal. As many will know from the flurry of client alerts and other pieces in the legal media, the new beneficial ownership reporting requirements are now in effect as of Jan. 1. This is not just a "big firm" issue; solo and small firm practitioners may not think their practice implicates the CTA, but law firms themselves are not automatically exempted from the reporting requirements as well. Their clients also may be covered under the definitions, whether as beneficial owners themselves or the actual entities.