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Nonlawyers could invest in law firms and own legal businesses under Utah work group's proposal

08/29/2019 10:00 AM | Denise Bashline (Administrator)

ABA Journal

August 28, 2019


A Utah task force is proposing a “regulatory sandbox” to allow experimentation with nonlawyer ownership of legal businesses and nonlawyer investment in law firms.


New legal services providers would test their services in the regulatory sandbox, overseen by a new regulatory body that gathers data and tests revisions before granting permanent legal services licenses, according to the recommendations made by the Utah Work Group on Regulatory Reform.



http://www.abajournal.com/news/article/nonlawyers-could-invest-in-law-firms-and-own-legal-businesses-under-utah-work-groups-proposal





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