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Case overview
3:11-cv-02866
New Jersey
Civil Rights: Other
Class Action
Peter G. Sheridan
A New Jersey federal judge on Wednesday denied a bid by the justices of the Supreme Court of New Jersey to dismiss a suit over whether New Jersey's laws obstructing nonlawyer investments in law firms are unconstitutional.
Three lawsuits filed Wednesday challenging rules in New York, Connecticut and New Jersey barring nonattorneys from owning a stake in law firms have some experts wondering if the decades-old wall between legal practitioners and outside investment is finally ready to fall.