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California Passes Bill to Block Private-Equity Takeovers of Law Firms

Reported by Wsj ·Abajournal
Aug 27, 2026· 1 min read
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If Gov. Gavin Newsom signs the newly passed bill, the state would join Illinois and Colorado in trying to restrict a burgeoning investment field.

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Wsj California Passes Bill to Block Private-Equity Takeovers of Law Firms Abajournal California passes bill to stop law firm private equity takeovers