- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Starting a Law Firm
Posted on 10/28/20 at 10:16 am to Verbal Kent
Posted on 10/28/20 at 10:16 am to Verbal Kent
quote:
By law, lawyers cannot share fees with non-lawyers.
That doesn't really make any sense. How else are you going to fund your staff if not through fees?
1
Posted on 10/28/20 at 10:17 am to Skippy1013
quote:
What about the same question for owning an Accounting Firm
In LA, a majority of the firm has to be owned by licensed CPAs. That's how it is in most states. A couple of states do not allow non-CPAs to have an ownership interest.
Posted on 10/28/20 at 10:18 am to Bristol Dawg
quote:
I think Arizona allows it now
I’ve seen an uptick in letters from “law firms” from Arizona lately. They help people with their debts. It’s a sham. They put these folk in worse situations than what they are in. I have told them from now on, I’m only dealing with Louisiana lawyers. They stopped calling and sending me letters.
Posted on 10/28/20 at 10:19 am to Ssubba
quote:
My aunt runs a small town law firm and it's ridiculous how bad she is with money. I can't believe she is still afloat.
Many firms especially decent size ones and larger, have a firm administrator who isn't a lawyer but run the business of the firm. They aren't an owner but are paid comparable to what a COO might make.
Posted on 10/28/20 at 10:24 am to LSUFanHouston
I think of our office manager as the silent partner. She runs shite day-to-day
Posted on 10/28/20 at 10:25 am to Skippy1013
just get a homeless dude and use him as the fall guy when the firm is busted for being owned by a non-lawyer cause you must have a fall-guy to take the fall. Plenty of em where you live I'm sure
Posted on 10/28/20 at 1:10 pm to slick50
Posted on 10/28/20 at 1:28 pm to Centinel
You can pay staff and rent or mortgage, but directly sharing a fee with a non-lawyer (like a percentage) is prohibited by the Rules of Professional Conduct. That is one of the things E. Eric was disbarred for.
Posted on 10/28/20 at 1:38 pm to LSUAlum2001
LSUAlum - You don't need to be a doctor to start a hospital though
Posted on 10/28/20 at 1:40 pm to Skippy1013
But, according to TV ads you can market as a non-attorney spokesperson for the firm.
So, you could in effect just go into business with a person with a license. He could be the face and litigation side. You would be the marketing firm. Contracts written for you to receive your share of the award.
So, you could in effect just go into business with a person with a license. He could be the face and litigation side. You would be the marketing firm. Contracts written for you to receive your share of the award.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News