The New York State Bar Association (NYSBA) has approved the findings of the Task Force on Nonlawyer Ownership which earlier this year concluded that nonlawyer ownership should not be permitted in New York State at this time.

The report kept open the possibility of further review of proposals based on studies from jurisdictions where nonlawyer ownership is currently allowed. Factors to be considered in any reassessment of the Bar Association’s position would include “a sufficient demonstration that change is in the best interest of clients and society, and does not undermine or dilute the integrity of the legal profession,” according to the resolution approved by the House of Delegates.

The Law Society has met with members of the Task Force to discuss our experiences in England and Wales, and will monitor any future debate on the matter.