Canadian Bar Association recommends non-lawyer ownership
The Canadian Bar Association has recommended that non-lawyers be able to own law firms.comments powered by Disqus
As Above the Law points out, the recommendation is in sharp contrast to current policy in Texas, where a State Bar ethics ruling recently stated that a Texas law firm may not use “officer or principal” in job titles for non-lawyer employees or pay profit-based performance bonuses.
Fred Headon, the Assistant General Counsel at Air Canada and CBA President, commented on the challenges faced by the legal industry, and the need for business leadership: ”What lawyers do is as crucial as ever, but how we do it needs to be updated and quickly. There is plenty of opportunity for firms of all sizes to embrace this, and for new organizations to embrace this as well.”
Non-lawyer ownership is already permitted in the UK and Australia.