Legal Question in Real Estate Law in California
Can a non-attorney own a law firm in California?
Asked on 3/26/10, 8:30 am
3 Answers from Attorneys
Mark Saltzman, MBA, JD
Law Offices of Mark E. Saltzman
No. A non-attorney cannot own a law firm or even be a partner in one.
Answered on 3/31/10, 8:54 am
A non-attorney cannot even share in the fees or profits of a firm, except under a qualified employee profit-sharing plan. And because those are so tricky to set up legally, most firms don't even do that, opting for bonuses, 401k matching, etc.
Answered on 3/31/10, 9:41 am
Mark Saltzman, MBA, JD
Law Offices of Mark E. Saltzman
The answer to your question is "No." I am not quite sure of why McCormick constantly editorializes on my answers. No class, Tim.
Answered on 6/24/10, 3:28 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
