It's illegal in most states for private equity to buy a law firm. Lawyers have figured out a workaround.
- Posted on July 6, 2025
- By Bing News
- 1 Views
It's illegal in most states for private equity to buy a law firm. Lawyers have figured out a workaround.
Legal ethics rules largely bar non-lawyers from owning law firms. MSOs offer a chance to get around that rule.