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A law firm can be established as a professional services corporation. If the firm is set up in this manner, no one able to be a shareholder in the...

A law firm can be established as a professional services corporation. If the firm is set up in this manner, no one able to be a shareholder in the firm but an attorney. If you have a loyal, good and valuable employee, this employee (ex: a paralegal) cannot have any ownership in the firm. Is this fair? Why or why not? What changes to the law would you recommend?

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