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California Bar to Consider Changes to Nonlawyer Ownership Rules

In true lawyer fashion, if anything changes, it will happen after a task force is commissioned.

5 minute read July 23, 2018 at 05:24 PM
By
Roy Strom
The State Bar of California has approved the establishment of a task force to consider amending ethics rules that limit ownership of legal services companies to lawyers.While any changes would be a long way off, the task force will come at a time when a growing chorus of reformers say that allowing outside investors to finance the delivery of legal services could lower the often prohibitive price of obtaining a lawyer's advice.

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Cravath PE Head Returns to Weil to Co-Lead Practice

Amanda O'Brien and Christine Simmons

His return to Weil comes amid the firm’s campaign for “boomerang” laterals—those who started at Weil, left for another firm but returned to Weil.

September 25, 2026