Re:WeWork’s CEO Makes Millions as Landlord to WeWork
by tivert on Wednesday January 16, 2019 @04:21PM
(#18925414)
>> "A lawyer shall not form a partnership with a nonlawyer if any of the activities of the partnership consist of the practice of law."
> Does anyone know the motivations and publicly stated reasons for this absurd restriction?
Total speculation, but maybe it's to keep the profession controlled by its practitioners and not financiers? The exclusion of paralegals, etc. could just be a side effect of keeping investors out.
I do see some benefits for that kind of restriction. If your profession is bound by a code of ethics, it would help with compliance if all the top leadership were bound by it too. If they're just owners from outside the profession, there will always be pressure to compromise ethics to benefit the owner.
> Does anyone know the motivations and publicly stated reasons for this absurd restriction?
Total speculation, but maybe it's to keep the profession controlled by its practitioners and not financiers? The exclusion of paralegals, etc. could just be a side effect of keeping investors out.
I do see some benefits for that kind of restriction. If your profession is bound by a code of ethics, it would help with compliance if all the top leadership were bound by it too. If they're just owners from outside the profession, there will always be pressure to compromise ethics to benefit the owner.