Opening a law firm and an ancillary business
Hypothetically, if I were to start my own law firm (example name being x Law) and open an ancillary business (example name being x tax and wealth advising), would I be allowed to have non-lawyer partners in the ancillary business? I would provide: written notice of my interest in the wholly owned entity before providing the law-related services, with written acknowledgement of the notice to the client. I would also keep the law firm offices and the wholly owned accounting firm physically separate, provide disclaimers in any marketing or advertising. Maintain separate letterhead, or providing clear notice of the relationship between the lawyer and the entity. I am based in Utah.
Any insights into if this would be allowed or barriers I may run into would be heavily appreciated.