- As California considers making big changes to attorney regulation that would allow nonlawyers to offer legal advice in the state and hold financial interest in law firms, the state bar's board of trustees voted Thursday to put the proposed changes up for public comment.
The Recorder has California Plan for Lawyer Fee-Sharing Picks Up Speed -- A vote by the state bar's board of trustees marks another baby step toward reshaping law firm ownership rules and transforming legal entrepreneurship
- Some law firm observers have expressed concern that the change could open the doors for the Big Four accounting firms to enter the market for legal services in the state. But the task force, in its recommendations, said the existing justice gap was severe enough to justify the daring move.
- An additional recommendation would allow lawyers to engage in ancillary law-related activities that are not regulated by the state bar. A majority of jurisdictions currently allow such work, but California does not.
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