The Emerging Legal Landscape: Ethical and Practical Considerations Surrounding Litigation Financing and Ownership of Law Firms by Non-Lawyers (Webinar)
Vorys partners Jocelyn Hoffman, Tim McGranor and Ken Rubin will present a webinar as part of the Vorys University: 2025 Professional Conduct & Ethics Webinar Series on December 4 at from noon to 1:00 P.M. EST.
The title of the presentation is "The Emerging Legal Landscape: Ethical and Practical Considerations Surrounding Litigation Financing and Ownership of Law Firms by Non-Lawyers," exploring ethical and practical considerations when non-lawyers become involved in the practice of law, focusing on litigation funding and new rules that have been adopted in some jurisdictions to relax restrictions on non-lawyers having an ownership interest in a law firm. Among the topics discussed will be:
- traditional rules prohibiting sharing fees and the gradual evolution of those limits;
- litigation funding: who is doing it, how it can work and the ethical and practical considerations when working with a funder;
- current proposals for rules requiring disclosure of funding and what future restrictions may be adopted;
- Arizona’s recent elimination of its version of ABA Model Rule 5.4 to allow non-lawyers to have ownership and management roles in law firms and the potential ethical and practical considerations;
- Other states’ exploration of similar rules to allow non-lawyers to become owners of law firms and more.
Each webinar in the Vorys University: 2025 Professional Conduct & Ethics Webinar Series is pending one hour of ethics/professional conduct CLE credit in California, Kentucky, Ohio, Pennsylvania and Texas. They are also pending one hour of New Lawyer Training credit in Ohio and on-demand credit in Ohio.
Click here to learn more and register for this event and other webinars in the Vorys University: 2025 Professional Conduct & Ethics Webinar Series.
