Rocket Lawyer Subsidiary Lands ABS License in Arizona
The CEO of the online legal services provider says that nonlawyer ownership will allow the company to serve consumers more affordably.
September 26, 2024 at 04:59 PM
3 minute read
InnovationWhat You Need to Know
- Rocket Legal Professional Services won approval as an alternative business structure in Arizona.
- A 2020 temporary rule change in Utah permitted a similar move, but it will expire after seven years.
- Those who oppose nonlawyer law firm ownership caution that it could lead to issues over attorney-client confidentiality.
Legal technology company Rocket Lawyer announced Tuesday that a wholly owned subsidiary, Rocket Legal Professional Services Inc., has received permission to operate as an alternative business structure in Arizona.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250