These summaries were prepared by McGuireWoods LLP lawyer
Thomas E. Spahn
. They are based on the letter opinions issued by the Virginia State Bar. Any editorial comments reflect Mr. Spahn's current personal views, and not the opinions of the Virginia State Bar,
McGuireWoods
or its clients.
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1356
16-Lawyer's Personal Interests
50-Lawyer-Owned Businesses
55-Firm Names and Letterhead
A professional corporation may establish a subsidiary for collections practice, as long as there is disclosure to prospective clients, and nothing in the law firm's or new professional corporation's name was misleading.
Copyright 2000, Thomas E. Spahn