Examining the Future of Law Firm Structure: Nonlawyer Fee Sharing and Ownership
The ability of attorneys to maintain their professional independence is critical to effectively protecting and serving the public. To this end, the American Bar Association (ABA) adopted Model Rule 5.4 in 1983, which restricts an attorney’s capacity to share legal fees with nonlawyers or enter into business partnerships with them. The ABA asserted that allowing […]