It seems to me that all lawfirms are organized as partnerships, with the revenues being divided up among the partners and some of the rest going to pay the associates and staff.
What’s to stop a non-lawyer from getting some venture capital, starting a corporation, hiring a bunch of lawyers as regular employees and pimping them out? Is there a law that lawfirms must be partnerships?
Gfactor has, of course, correctly answered the question. This is (a) non-responsive (the question asked about non-lawyers forming a corporation), and (b) not accurate. Lawyers can form professional corporations.
I don’t see the connection between non-lawyers forming a corporation that provides legal services (which would arguably prevent the employee-lawyers from exercising independent legal judgment) and the rule against agreements limiting lawyer liability.
As **Random ** points out lawyers can form professional corporations, professional limited liability companies, and limited liability partnerships. http://www.lectlaw.com/files/buo04.htm . All of those entities limit the liability of the principals.
The problem is, Sevastopol, that your answer is not fully accurate even as restricted.
There are jurisdictions which insist that lawyers not be permitted to limit their liability (other than normal methods like buying stock available to anyone). And there are other jurisdictions which permit PLLCs (Professional Limited Liability Companies) for any practice, medical or jurisprudential.
Doesn’t “jurisdictions insist that lawyers not be permitted to limit their liability” mean the same as “there are such laws… lawyers should not be able to limit their liability”? Why yes it does.
Is there a nexus between the policy that lawyers should not be able to limit their liability in the same manner as corporations and the prevalence of lawyer partnerships? Why yes there is.
Are the laws concerned found in every jurisdiction and with equal force? No.
Is the control on lawyers limiting their liability an absolute and overriding principle? No.
What more need be said? The response was both responsive and correct as a general proposition: However, as yet the particular laws pertaining to Brooklyn have not been stated.
Well, Brooklyn is the former city, now borough of NYC, comprising Kings County, New York State. Considering I know of a PLLC in Adams, New York (oddly enough, comprised of a father and two sons, all lawyers), and one in Watertown, New York, I believe that PLLCs are legal in Brooklyn – perhaps just not yet very common.