TBA Law Blog

Posted by: Kate Prince on Mar 19, 2021

The Arizona Supreme Court on Wednesday approved the applications of two law firms to be licensed under the state’s new Alternative Business Structure program, which allows lawyers and nonlawyers to co-own law firms together, Arizona’s ABC15 reports. The state became the first in the country to abolish the rule barring non-attorney ownership of law firms, effective on Jan. 1. Trajan Estate LLC in Gilbert and Payne Huebsch PLC in Mesa are the first firms to be licensed for the new hybrid business model. Trajan Estate is a legal service provider focused on estate planning, while Payne Huebsch provides transactional legal services paired with tax and accounting advice. The news comes after the country’s first entirely nonlawyer-owned law firm opened in Utah earlier this week.