Category Archives: ABA formal opinion 499 – lawyer ownership of Alternative Business Structures (ABE) nonlawyer owned law firms

Hello everyone and welcome to this Ethics Alert, which will discuss ABA Formal Ethics Opinion 499 which addresses lawyers’ passive investments in nonlawyer owned law firms in jurisdictions which allow it.  The September 8, 2021 Formal Opinion 499 is here: https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/aba-formal-opinion-499.pdf  … Continue reading

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