In September 2012, the Law Society of Upper Canada (LSUC)
formed its Alternative Business Structures (ABS) Working Group to explore alternative options to permitted law and paralegal firm structures.
Insurance giant Direct Line Group is set to launch a new legal services venture after applying to the Solicitors Regulation Authority to
form an alternative business structure (ABS) in partnership with Parabis Law.
Not exact matches
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.
Technology, the glut of new lawyers, structural changes in BigLaw,
alternative business structures, the growth of intelligent
forms — all are leaving a lasting impression on the practice of law.
As an exception to the universally accepted view that law society committees are «all
form and no substance» in regard to the «unaffordable legal services problem» («the problem»), there is one Law Society of Upper Canada (LSUC) committee that has produced a Discussion Paper that has great substance, although some ingrates are so inconsiderate as to say that it's not «the right stuff»; see:
Alternative Business Structures and the Legal Profession in Ontario: A Discussion Paper.
• Introducing the regulatory framework for law practices to adopt a limited
form of
alternative business structure - Legal Disciplinary Practices (LDPs)- such that valued non-lawyer employees can now take equity in the firm.
«An entrepreneur has revealed plans to combine a claims management company, a consumer website and the clinical negligence department of a top 100 firm to
form a market - dominating
alternative business structure (ABS).