Sentences with phrase «by alternative business structures»

Entry Criteria This award seeks to uncover innovation in the delivery of legal services by Alternative Business Structures.

See my Slaw posts, «LSUC's Worrisome ABS Proposals» (Nov. 25, 2014); and, «Legal Advice Services Can not Be Automated by Alternative Business Structures» (Oct. 9, 2014).

This trend will only be further reinforced by alternative business structures opening up options for external funding, and giving firms the means to develop wholly new business models for subsidiary operations.

See my papers on Slaw: (1) «Legal Advice Services Can not be Automated by Alternative Business Structures,» October 10, 2014; (2) «CanLII as the solution to the unaffordable legal services problem,» October 24, 2013; (3) «LSUC's Worrisome ABS Proposals,» November 25, 2014.

Not exact matches

Not one to mince words, he summed up his industry outlook by saying, «Retail guys are going to go out of business and ecommerce will become the place everyone buys... Retail chains are a fundamentally implausible economic structure if there's a viable alternative.

During the third quarter, we reduced NOOK expenses by $ 25 million and recently took additional action to exit NOOK's app and video businesses that will result in additional cost savings... we are actively engaged in exploring a number of alternatives to materially reduce NOOK's expense structure.

In Argo's case, I address the slippage in AUM in the past couple of years by: i) haircutting my valuation of the asset management business to 3.75 % of AUM (if AUM were increasing steadily & incentive fees being earned, a valuation of 7.5 % or even 10 % of AUM wdn't be unreasonable, considering Argo's fee structure, and ii) calling for more resources to be devoted to fund - raising, and other alternative revenue / fee sources (for example, like white - label & sub-advisory contracts) to be explored — see here: https://wexboy.wordpress.com/2012/11/16/argo-escape-from-an-evil-state/

The same suspicion is deserved by «alternative business structures» (ABS) proposals.

Some of the above examples of access to justice are those that are commonly predicted by advocates of alternative structures: business models that facilitate reduced and fixed price legal services and / or unbundling, technology that enables standardization and improved processes to handle large volumes of cases or contracts, branding that reduces the client's search costs and increases their level of trust, multidisciplinary services that significantly ease the client experience notably because they do not need to assemble or coordinate different streams of work.

More than three years after the Solicitors Regulation Authority started handing out the alternative business structure licences ushered in by the Legal Services Act, the UK is finally set to see a law firm flotation.

Other recommendations have been debated but not embraced by the Association, such as alternative business structures (ABS) for US law firms.

KPMG has been awarded an alternative business structure (ABS) licence by the Solicitors» Regulation Authority (SRA) in a major landmark for the accounting firms as it continues its push into the legal market.

KPMG has been awarded an alternative business structure (ABS) licence by the Solicitors» Regulation Authority (SRA), as the big four accounting firms continue their push for expansion in the legal market.

[3] Edward Iacobucci and Michael Trebilcock, An Economic analysis of Alternative Business Structures for the practice of law, Commissioned by the Law Society of Upper Canada for its ABS Symposium held October 4, 2013

At this stage in the roll - out of alternative business structures, there «remained a role for the LSB», conceded Baroness Deech in a debate in the House of Lords last week kicked off by the Bar Standards Board (BSB) chair.

Most controversial among these is the proposal that «lawyers should be allowed to practise in business structures that permit fee - sharing, multidisciplinary practice, and ownership, management, and investment by persons other than lawyers or other regulated legal professionals,» in other words, alternative business structures.

For Higgins, an elocution teacher who traded in British class prejudice by offering to improve clients» social standing through posh talk, the education of a woman was essentially a troublesome Alternative Business Structure (ABS)-- he could work with the moving parts but the brain remained a mystery....

She is at work on a book - length look at the effect of alternative business structures on legal practice in the U.K., Australia and the U.S., to be released by ABA Publishing.

As an «alternative business structure» it can employ staff (including solicitors) and offer a full range of legal services direct to the public, by no means limited to legal aid.

I can't speak for other provinces, but the framework currently envisioned by the Law Society of BC does not encompass alternative business structures.

They are launching The Divorce Surgery as an alternative business structure regulated by the Bar Standards Board later this week.

Mancini Legal Limited is a Alternative Business Structure Authorised and Regulated by the Solicitors Regulation Authority (SRA No: 591292)

In the US, «alternative business structures» and «ABSs» are also often used, but so are expressions like «alternative law practice structures,» (an expression occasionally used by the ABA Commission on Ethics 20/20), and «alternative law firm structures.»

But it is the innovation of: (1) alternative legal services that cut costs by cutting the competence of the people who deliver the legal services; (2) the commercialization and industrial production of legal services (such as, LegalX, LegalZoom, LegalZoom (Canada), Axiom, and, Neota Logic); and, (3) of ownership of law firms by investors referred to as, «alternative business structures.»

Another take on this is the formation of Kim Technologies, which has helped its parent Riverview Law (an alternative business structure in the U.K.), transition away from being a legal services provider enabled by technology that is unable to carry on business in North America.

Alternative Business Structures (ABS) is all the debate right now in Ontario, with a current discussion paper released by the law society.

But, while ignoring this problem, which afflicts the majority of the population, the alternative business structures proposals (ABS proposals) are being very much «fast - tracked» by LSUC to a law society decision — with comparative lightning speed to serve the interests of commercial investors.

Pro and con arguments about alternative business structures and ownership of law practices by people other than lawyers are, in our view, secondary questions.

Leyton UK Partners LLP (registered number OC388386) is an Alternative Business Structure (ABS) authorised and regulated by the Solicitors Regulation Authority (SRA) under licence number 619453 in respect of legal work.

From the outset, the Commission has been transparent about the broad array of issues it is studying and evaluating, including those legal services developments that are viewed by some as controversial, threatening, or undesirable (e.g., alternative business structures).

On 6 April 2011, the Solicitors Regulation Authority (SRA) published its new Handbook, six months ahead of what it fanfares will, from next October, be «the advent of a new type of law firm, alternative business structures, and a radically new approach by the SRA to its work».

There has been a lot of debate over what adverse effects alternative business structures and ownership models will have on the core values of the legal profession, including lawyer independence, client confidentiality, and the duties owed by lawyers to a client — particularly the duty to avoid conflicts of interest.

The ACTLA Board of Directors has serious concerns regarding Alternative Business Structures (ABS), Non-Lawyer Ownership of law practices (NLO) and other changes being brought forward by the Law Society of Alberta (LSA) including reducing the number of benchers representing its growing membership as well as the lack of full consultation with the profession on these issues.

Look for some serious alternative business structure lobbying by LegalZoom, Avvo and others in the coming year.

The commentaries about the inequities and irrationality of the legal class system at the 2017 CLOC Institute were fast and furious: from Richard Susskind's explanation about the importance of the ABS rules (alternative business structures) in the UK in breaking down walls to allow new ways for lawyers to collaborate and share accountability (and profits) with professionals from other disciplines and professions within the same workplace, to the battle cry so clearly articulated by Lucy Bassli (then of Microsoft and now of InnoLegal Services), demanding that we remove the term «non-lawyer» from our daily conversations and certainly from our value playbooks.

But, as revealed by the Initiative's consultations, Canadian lawyers are divided on the current state of legal market as well as the benefits of Alternative Business Structures («ABS»):

(3) its recent handling of the «alternative business structures proposals» (ABS proposals) for the potential millions of dollars in legal fees to be earned by representing investors eager to own law firms.

There has been speculation since the first alternative business structure licences were granted several years back that a number of firms, including the likes of Irwin Mitchell, would look to raise capital by a listing.

For example, LSUC ignores the problem and its duties as set out in s. 4.2 of the (Ontario) Law Society Act, while «fast - tracking» the Alternative Business Structures issue (ABS issue) to the quick creation of: (1) an ABS Committee (2) a (biased) ABS Discussion Paper written by the Committee; (3) the online publication of the responses thus obtained; (4) the online publication of a summary of those responses — all done by the work of those self - interested benchers who have campaigned hard to have ABSs made legal; and (5) a proposed vote in 2016 to determine the law society's position as to making ABSs legal.

With the debate on alternative business structures heating up, a University of Windsor Faculty of Law professor has prepared a study — commissioned by the Ontario Trial Lawyers Association — that questions one of the benefits touted by proponents: improved access to justice.

The line - up for this category is completed by regional firms Ashfords and Harper James, the alternative business structure Lawyers Inc, which is growing a national network of legal advisers, and a joint project by Mills & Reeve, Bond Dickinson and Kennedys for their client AIG Europe.

On behalf of the more than 9,000 members and 6,000 firms represented by the Association of Legal Administrators (ALA), we believe the benefits of alternative business structures as described in the issues paper outweigh any potential risks.