Sentences with phrase «for alternative business structures»

The maximum fine for alternative business structures (ABS) would be set at # 150m.

You say that allowing for alternative business structures would lead to «anti-competitive consolidations, loss of very hard - won independence of the legal profession as lawyers become the puppets of outside profit seekers, an irreversible compromising of legal ethics, and so on».

1 (2009)[discusses the current EU initiative which includes proposals for alternative business structures, including MDPs]

We have been working with our counterparts in Saskatchewan and Alberta in order to explore how law societies can appropriately and effectively implement entity regulation and allow for alternative business structures in a coordinated way.

To begin, it is nothing that a small province like Nova Scotia could ever influence because any framework for alternative business structures would need to be a national framework that comes from a federal approach.

[12] For a general discussion of risk in the context of law firms, see Edward M. Iacobucci and Michael J. Trebilcock, «An Economic Analysis of Alternative Business Structures for the Practice of Law,» (paper presented at the Law Society of Upper Canada's symposium for the Alternative Business Structures, October 4, 2013), http://www.lsuc.on.ca/uploadedFiles/ABS-report-Iacobucci-Trebilcock-september-2014.pdf.

Mercer is leading the charge for alternative business structures in the legal profession.

Paper presented at the Law Society of Upper Canada's symposium for the Alternative Business Structures, October 4, 2013.

For many firms, the operational centrepiece of LSA 2007 will be the provision in Pt V for alternative business structures (ABSs).

According to David, the UK Legal Services Act, passed in 2007, and subsequent regulations issued in 2012, resulted in hundreds of law firms applying for Alternative Business Structure (ABS) licenses.

A new legal firm, Aspire Law, which is dedicated to providing a specialist service to people with Spinal Cord Injury, has received approval from the Solicitors Regulation Authority for its Alternative Business Structure (ABS).

Not exact matches

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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/

Most bizarrely, no mention is made of alternative business structures as used in the UK or Australia — structures that would allow for imaginative combinations that would truly allow for greater access to justice.

The modules Thompson Rivers students will work on include drawing up a memo on an alternative business structure for their company, as well as blogging about activities and using cloud - based practice management systems.

The alternatives to practice may not come in the form of other business structures, but in other technological structures which allow for law to be conducted in different ways.

Until the problem is solved, lawyers and law students best beware such obsolescent law societies, and for similar reasons, beware the proponents of «alternative business structures,» in whatever form and size proposed.

, at: https://ssrn.com/abstract=2811627; (2) «Alternative Business Structures» «Charity Step» to Ending the General Practitioner» (SSRN, pdf), at: https://ssrn.com/abstract=3020489; and, (3) my forthcoming post on Slaw for Tuesday, October 3rd, «' Apps» and the Waning of the Solicitor - Client Relationship.»

Insurance company Direct Line Group and Parabis Law have applied to set up an alternative business structure (ABS), DLG Legal Services, offering before - the - event (BTE) legal insurance for personal injury, non-injury claims, employment, debt recovery and contract issues.

In the new era of alternative business structures, we must also consider how a limited company is the ideal vehicle to allow for external investment in the practice.

«Alternative Business Structures and Access to Justice... for Whom?»

«For Comment: Issues Paper Regarding Alternative Business Structures (ABS).»

Skeptics of alternative business structures (ABS) have interpreted recent negative news as the death knell for ABS in Canada.

«An Economic Analysis of Alternative Business Structures for the Practice of Law.»

«Alternative Business Structure Call For Input.»

-- «For Comment: Issues Paper Regarding Alternative Business Structures.»

UK Alternative Business Structures for Legal Practice: Emerging Models and Lessons for the US.

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.

BGL — the owners of well - known insurance brands including comparethemarket.com — acquired the law firm, which last year posted revenues of # 107m, for an undisclosed sum, after Minster received Solicitors Regulation Authority approval to convert to an alternative business structure (ABS).

[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

However, Susan Brown, director at law firm Prolegal, said: «Introducing a system which has no certainty of reducing costs and could equally well increase them, will undoubtedly lead to satellite litigation, will make it more difficult for claimants to find an experienced personal lawyer to represent them, and is extremely dangerous at a time when the legal services industry is on the brink of the major upheaval that will result from the introduction of alternative business structures.»

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.

An accountancy firm has been licensed as an ABS (alternative business structure) for probate for the first time.

A NewLaw pioneer for the last 20 years, Chris has been an advisor and architect of a range of new legal business models, agile working, process improvement, outsourcing and shared service strategies and the creation of a string of new entrant Alternative Business Structures (ABS) in the UKbusiness models, agile working, process improvement, outsourcing and shared service strategies and the creation of a string of new entrant Alternative Business Structures (ABS) in the UKBusiness Structures (ABS) in the UK market.

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....

To distinguish firms that have nonlawyer owners or managers, or that engage in multidisciplinary practices, from traditional law firms and sole practitioners, the U.K. rules provide for a new kind of legal company, referred to as an alternative business structure.

Citing globalization, technology, market competition and a need for expanded access to justice, the report says lawyers must be able to work «through new structures and in conjunction with other professionals (including alternative business structures).»

And the issue as to whether to legalize ABSs (alternative business structures, i.e., commercial & other investors able to own law firms) is very relevant to law societies» ability to prosecute them in Canada for UPL (the unauthorized practice of law).

The Law Society there passed into law «alternative business structures» for law firms.

Looking further ahead, when alternative business structures come into effect, which is currently predicted for 2011, there will presumably be the need for a major overhaul of the rules on separate businesses and recognised bodies.

The BMO report is somewhat timely as it comes just before the Canadian Bar Association is expected to release its much - anticipated Futures report at its annual meeting next month, which will address the issue of alternative business structures for law.

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

The CMA's study is also good news for newlaw providers and alternative business structures (ABSs), with the report saying: «Given that around 600 ABSs have now been licensed, the CMA considers that this is an appropriate time to look again at their impact.»

The long wait for the onset of Alternative Business Structures (ABS) is almost over.

The article entitled Alternative Business Structures: Good for the Public, Good for the Lawyers claims that the addition of an ABS as a business format in which lawyers can practice would be beneficial to both clients and the proBusiness Structures: Good for the Public, Good for the Lawyers claims that the addition of an ABS as a business format in which lawyers can practice would be beneficial to both clients and the probusiness format in which lawyers can practice would be beneficial to both clients and the profession.

Not only does this structure permit us to meet our founding purpose — namely, high quality work for substantially less cost — but it also accelerates our evolution into an exceptional national — and to some extent international — law firm that provides businesses, law firms and attorneys with a viable alternative to traditional opportunities.

[6] See, for example, Malcolm Mercer, «So Many Lawyers, So Many Unmet Legal Needs,» Law Practice Magazine, July / August 2015, 44 - 47, https://malcolmmercer.files.wordpress.com/2015/07/lawpracticemagazine.pdf; and Malcolm Mercer, «Utopia, Dystopia and Alternative Business Structures,» Slaw, November 11, 2013, http://www.slaw.ca/2013/11/11/utopia-dystopia-and-alternative-business-structures/.

The dawn of alternative business structures may have led to big changes in Australia, but in Quebec, where non-lawyers have been allowed to invest in law firms for a decade, not a single law firm has signed up.