Sentences with phrase «of alternative business structures in»

The American Bar Association will continue to defer any serious consideration of alternative business structures in the United States.

Many agreed with the Ontario Trial Lawyers Association, which said the role of alternative business structures in fostering innovation is «overstated.»

Not exact matches

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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-statIn 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-statin 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-statin 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 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.

This discussion, of course, included alternative business structures in the practice of law, i.e.: non-lawyer ownership of firms.

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.

Alternative Business Structures (ABS) in Europe are showing cost savings of 30 — 40 % and higher client satisfaction.

In August of last year, however, the CBA Legal Futures Initiative released its report Futures: Transforming the Delivery of Legal Services in Canada on alternative business structures (ABSs) and multi-disciplinary practices (MDPsIn August of last year, however, the CBA Legal Futures Initiative released its report Futures: Transforming the Delivery of Legal Services in Canada on alternative business structures (ABSs) and multi-disciplinary practices (MDPsin Canada on alternative business structures (ABSs) and multi-disciplinary practices (MDPs).

The Canadian legal profession is currently engaged in a much - needed debate about the future of legal services in general and whether to allow the use of so - called alternative business structures (ABSs) more particularly.

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

There are signs that this concept of a total change in culture and working patterns is becoming more popular, with the Law Society survey reporting that 475 alternative business structures (ABSs) were in operation: 116 more than a year earlier making up 5 % of all firms.

The most controversial of those recommendations are those supporting liberalization of the legal services market and that lawyers be permitted to practice in alternative business structures.

Encouraging more diversity in recruitment is just one aspect of this progress — alternative business structures and a culture rethink is required to retain diverse legal talent.

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 practicIn 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 practicin the practice.

The Court also enacted new attorney Rules of Professional Conduct in March 2015, which allows LLLTs to own a minority interest in law firms with lawyers, making Washington the first U.S. state to formally permit alternative business structures (ABSs), which is generally defined as non-lawyer investment and / or ownership in law firms.

The alternative business structures («ABS») approach in the United Kingdom is one example of this.

Washington State is now the first state [1] to allow alternative business structures (ABSs), whereby non-lawyers are authorized to share fees with lawyers and have ownership interests in law firms via the recently approved Limited License Legal Technician (LLLT) Rules of Professional Conduct (RPC).

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

Areas of study include the licensing of non-lawyers to perform legal tasks, alternative business structures, multijurisdictional practice / reciprocity (internationally as well as in the country), and the uniform bar examination.

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.

It was interesting to read in the legal press that the outsourcing giant Carillion «could become an alternative business structure» as part of plans to increase its legal services profile.

Broadly these are legal disciplinary practices (LDPs) which are expected to start in the spring of 2009 and alternative business structures (ABSs) which will not be with us until 2011 or 2012.

The structure and function of the law society, including the possibility of regulating alternative business structures, is a key question as the Law Society of Alberta's members vote in their bencher election this week.

The Law Society of Upper Canada's (LSUC's) «alternative business structures» proposal (the ABS proposal in its Discussion Paper)[i] will bring about a critically important and worrying change to the practice of law in Canada.

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.

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.

The BSB is not yet proposing to authorise Alternative Business Structures (ABSs)-- entities with non-lawyer owners and managers — but will in 2015 apply separately to the Legal Services Board to become a licensing authority of ABSs.

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.

Alternative fee structures lead to more efficiency in law firms which affects all other aspects of the legal business.

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.

The situation in the United Kingdom couldn't be more different: Such restrictions have largely been lifted, and under the Legal Services Act the creation of new ways of providing legal services — including through alternative business structures — is more than simply permitted; it is actively encouraged.

And that fascination developed into an in - depth analysis of alternative business structures and two very American businesses — Jacoby & Meyers and LegalZoom — that are trying their hands at ABS with plans to use what they learn both internationally and (when they can) back in the U.S.A..

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.

This might sound spooky or even scary to many Canadian lawyers but could become a reality in England and Wales with the launch of Alternative Business Structures (ABS) under the UK Legal Services Act.

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).

This, the third in a series of videos in which law students put questions to Berwin Leighton Paisner managing partner Neville Eisenberg, looks at the impact of alternative business structures and the return of the big accounting firms to law on the legal market of the future.

Furthermore, the survey found that nearly half of respondents are interested in adopting an Alternative Business Structure and 37 % expressed an interest in accessing external capital.

The Legal Services Board in its research note into the legal services market, published in August 2011, highlighted the advantages that alternative business structures (ABSs) would bring to the provision of legal services.

This, the third in a series of videos in which law students put questions to Berwin Leighton Paisner managing partner Neville Eisenberg, looks at the impact of alternative business structures on the legal market, and the ways in which big law firms are developing innovative ways of delivering value to their clients.

While the insights and innovations of the process are uncertain at this time, the CBA seems committed to considering matters of regulatory innovation and change, particularly in relation to the adoption of alternative business structures.

Andy Daws, Riverview's vice-president North America, says the 2007 Legal Services Act, which was designed to promote competition, innovation and the public and consumer interest, has made the U.K. «the world's legal laboratory right now,» where experiments in ownership structure, service delivery, and alternative business models are being carried out, with varying degrees of success.

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.

The relevant provisions of the Act entered into effect in 2011, and at the time this book went to press approximately 745 [35] «alternative business structures» (ABSs) were authorized to operate.

[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.

It was a bringing together of international speakers, thinkers and interested parties to discuss the possibility of allowing Alternative Business Structures (ABS) in Ontario — read: allowing outside investment in legal services providers, as is permitted in the UK and Australia.