One of the Colorado Chamber’s priority bills for the 2026 session has successfully passed the House and is now moving to the Senate floor. With your help, we can keep this momentum going!
House Bill 1421 protects the integrity of Colorado’s legal system by addressing the growing influence of private equity firms in legal services. These outside investors are increasingly entering the legal market through complex arrangements that allow them to profit from legal cases, despite longstanding rules that prohibit non-lawyer ownership of law firms.
HB 1421 closes these loopholes and reinforces clear boundaries to ensure legal decisions remain in the hands of licensed attorneys. When outside investors have a financial stake in litigation, it can drive up costs and shift priorities away from clients. This increases litigation costs for businesses and undermines trust the legal system.
Now that the bill has advanced out of the House, it’s critical that the Senate continues to hear from the business community.
Using the Chamber’s simple tool below, please contact your Senator and urge them to SUPPORT HB 1421 when it is heard on the Senate floor.
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