Law Firm Ownership

Every so often, we need to ask the question: Why do lawyers have to run law firms? Just because that’s the way it always has been doesn’t mean that it’s the right way to do things. Law is a business — obviously — so why can’t business people run them?

Things are the way they are now because of legal ethics rules barring non-lawyer ownership of legal practices. That’s not the only way to do it; England and Australia have no such bans.

We do in America, but hey, laws can change. At least that’s what Jacoby & Meyers is hoping.

Yeah, that Jacoby & Meyers….

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