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Re:Master’s degrees are the second biggest scam in higher ed... by ghaff on Saturday July 17, 2021 @11:01AM (#27866249)
I believe this is the case with law firms, and probably some other professional firms, in the US as well. AFAIK a law firm is a partnership of lawyers.

That said, this isn't what most people are talking about when they are talking about starting a business.

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