The two-page order last week from the Arizona Supreme Court reads as pedestrian as any routine court order, but its impact is sure to be game changing for the practice of law and access to justice.
The court’s order, issued Aug. 27, eliminates the ban on nonlawyers having economic interests in law firms and the prohibition on sharing legal fees among nonlawyers and lawyers.
The move makes Arizona the first state to completely eliminate Rule 5.4 of the Rules of Professional Conduct.
