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Non-lawyer employees can now have a stake in their law firms
Published Wed, Nov 18, 2015 · 09:50 PM
Singapore
FOR the first time in Singapore's history, non-lawyer employees of law firms can now become partners, directors or shareholders in, and share in the profits of the firms they work for, with amendments to the Legal Profession Act taking effect on Wednesday.
Law firms have traditionally been owned only by lawyers.
This change comes in the wake of recommendations by a committee that reviewed …
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