Business Law and Corporate Law

Lowenstein lawyers and business services professionals discuss the firm's comprehensive pro bono program, demonstrating how attorneys across all practice areas—from white collar defense to real estate—contribute to matters serving individuals, nonprofits, and communities. The video explores how pro bono work provides meaningful opportunities for client interaction, hands-on responsibility, and professional development while receiving the same attention as billable client matters.

The Tennessee Supreme Court has declined to modify its traditional Rule 5.4 framework, maintaining restrictions on nonlawyer ownership of law firms and fee-sharing arrangements. While management service organization (MSO) structures remain the compliant vehicle for outside capital investment, the court has simultaneously loosened ABA accreditation requirements and established task forces to explore alternative licensure pathways...

Imagine this: your company needs financing, a key contract, or a strategic acquisition. A director has a connection to the other side of the deal. All the parties know about it, the economics look reasonable, and the board approves the transaction. Months later, a stockholder challenges the deal—and the company discovers that “everyone knew” was not the same as following the right process.