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    Illinois slaps limits on non-lawyer investor power in law firms

    Illinois has become the latest state to restrict the involvement of private equity and other non-lawyer interests in owning or running law firms, enacting legislation supporters say will help to protect the attorney-client relationship and wall off attorney fees from non-lawyers. In the closing hours of the spring legislative session, Illinois lawmakers approved the legislation […]

    The post Illinois slaps limits on non-lawyer investor power in law firms appeared first on The Black Chronicle.

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