DENVER, CO / ACCESSWIRE / June 25, 2024 / Dave Johnson, CEO at Modern Family Law, a leading family law firm with locations in Texas, Colorado, California, and soon in Seattle, is leading a significant initiative to modernize Colorado's legal landscape. Johnson is advocating for the Law Firm Modernization Act, a groundbreaking proposal aimed at revising regulations that currently limit law firm ownership to practicing lawyers alone.
The current legal framework restricts ownership of law firm interests to practicing lawyers, limiting opportunities for outside investment and the incorporation of diverse expertise. The proposed amendment seeks to permit non-lawyer ownership, allowing professionals from other fields to contribute to the legal industry.
A central argument for the Law Firm Modernization Act is its potential to significantly improve access to justice. By enabling law firms to integrate external investment and expertise, the amendment aims to lower costs and enhance service quality. This is particularly crucial for the 75% of the population who currently find legal services unaffordable. Johnson underscores the importance of this reform, stating, "It is critical that the law opens up its ownership the way that every other business does it. Bringing outside expertise, people who know what they are doing, is essential for driving innovation and meeting the evolving needs of our clients."
In Johnson's view, the Law Firm Modernization Act represents a bold and necessary step toward modernizing Colorado's legal profession. By promoting innovation, encouraging outside investment, and enhancing access to justice, he believes that the amendment could provide significant benefits for all stakeholders involved.
For more information, please contact Caroline Germano at caroline.germano@modernfamilylaw.com.
About Modern Family Law: Modern Family Law is a law firm dedicated to providing comprehensive legal services in all aspects of family law. Our skilled, experienced, award-winning family attorneys understand the sensitive nature of family law matters and are committed to helping our clients navigate the complex and emotional issues that arise in divorce, child custody, child support, adoption, and other family law matters. We offer personalized legal representation to each of our clients, tailoring our approach to meet their unique needs and goals. Our services cover all aspects of family law, including divorce, child custody, child support, spousal support, property division, prenuptial agreements, postnuptial agreements, adoption, paternity, and protection orders.
Contact Information
Caroline Germano
Marketing and Communication Manager
caroline.germano@modernfamilylaw.com
SOURCE: Modern Family Law
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