Jacoby & Meyers may have failed in its personal appeal to a federal judge overseeing its suit seeking to pave the way for nonlawyers to invest in New York law firms. Jacoby had asserted it needs a judge with a “profile in courage to ensure that antiquated barriers” are cast aside. On Tuesday, U.S. District Judge Lewis Kaplan indicated he’s not likely to hear the case, report the New York Law Journal and Thomson Reuters News & Insight. Kaplan said he would either dismiss the suit for lack of standing or he would abstain from hearing…
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