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IBM General Counsel Robert Weber on Nonlawyer Firm Ownership
IBM's general counsel argues that lawyers have special obligations that should rule out nonlawyer investors.
Why Dewey died: A rule barring nonlawyers from investing is key to law firm implosions
Enforced in all 50 states, rule makes it impossible for elite law firms to raise desperately needed capitalLawyers' Fund for Client Protection List of Ineligible Attorneys
Notice to the bar.
In Wake of Dewey, Considering Alternative Business Structures
Lawrence W. Newman and David Zaslowsky, members of Baker & McKenzie, ask: Could there have been a different outcome to the Dewey & LeBoeuf debacle if it had made what appears to have been ill-advised management decisions in the context of a different regulatory regime that permitted a different capital structure?Rule change wouldn't have saved Dewey
Arthur D. Burger of Jackson & Campbell addresses James Denlea's piece on Dewey and Rule 5.4 of the ABA Model Rules.ABA Panel Abandons Nonlawyer Ownership Proposal
In the latest blow to those who want to shake up the way U.S. law firms are funded and managed, an American Bar Association panel says it is no longer considering a rule change that would allow a broad group of law firm employees to take stakes in their employers.Trending Stories
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