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Law Firm Management

Debating Nonlawyer Ownership of Law Firms

Lawyers love a debate, and it looks like a doozy is set concerning nonlawyer ownership of law firms (NLO). The president of the New York State Bar Association, David P. Miranda, has requested that New York lawyers just "Say No to Nonlawyer Ownership (NLO)."

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Lawyers love a debate, and it looks like a doozy is set concerning nonlawyer ownership of law firms (NLO). While the ABA Commission on the Future of Legal Services appears poised to request that ABA delegates adopt “regulatory objectives” that could permit NLO, the president of the New York State Bar Association, David P. Miranda, has requested that New York lawyers just “Say No to Nonlawyer Ownership (NLO),” New York State Bar Association Journal at 5 (January 2016).

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