Proposed 2015 Formal Ethics Opinion 9: Holding Out Non-Equity Firm Lawyers as “Partners”
View the Proposed Ethics Opinion in Full Here
The North Carolina State Bar ruled in a proposed opinion at it’s October 2015 quarterly meeting that non-equity firm lawyers may be held out to the public as “partners.” More specifically, the Bar ruled that lawyers who do not own equity in a law firm may be held out by any appropriate designation, including partner, so long as such designation is legitimate, not misleading in violation of Rule 7.1, and the lawyer complies with the professional responsibilities arising from such designation according to Rule 5.1.