Illinois Tightens Grip on Outside Investors in Law Firms Under New Pritzker-Signed Law
Illinois has moved to put tighter boundaries around outside investment in the legal industry, becoming the second U.S. state to adopt legislation aimed at curbing the influence of non-lawyer investors over law firms. Governor JB Pritzker signed the measure into law Friday, placing new restrictions on entities involved in a law firm’s operations when those …
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