Sentences with phrase «of alternative business»

In case you missed the headlines earlier this week, after a two - year investigation into Canada's real estate brokerage industry, the Competition Bureau concluded that Multiple Listing Service (MLS) rules established by the Canadian Real Estate Association (CREA) restrict consumer choice and limit the scope of alternative business models.
«The bureau is concerned that CREA's rules have restricted consumer choice and limited the scope of alternative business models,» Dale Ripplinger wrote in a weekend memo to his association's members.
Competition bureau wants independent commissions based on your needs to keep overhead going and no collusion on rates or banning of alternative business models.
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.
The American Bar Association will continue to defer any serious consideration of alternative business structures in the United States.
The Legal Services Act 2007 reformed the way in which legal services are regulated in England and Wales, allowing for the creation of alternative business structures (ABS).
The Stobart Group became a remarkable example of an alternative business structure a granted licence to provide legal services.
Prior to the election, the Ontario Trial Lawyers» Association published on its web site a list of benchers who opposed the introduction of alternative business structures, urging its members to vote for those candidates opposed to ABS.
While the question of alternative business structures dominated the recent Law Society of Upper Canada bencher elections, there's another major issue about to take centre stage: the decision to accredit or not Trinity Western University's planned law school.
As it has done for our firm and elsewhere, widespread adoption of alternative business models would invigorate Canada's legal industry.
The rise of technology in legal practice, the growing pressures from clients to reduce legal fees and the rise of alternative business structures (ABS) in the U.K. and Australia have created new opportunities and challenges.
What is your view of alternative business structures for law firms like those that you find in the UK?
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»):
OTLA has published a submission to the Law Society of Upper Canada in response to the discussion of Alternative Business Structures.
• 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.
Especially if you insist on repeating the same argument about evils of alternative business structures and legal advice services that will destroy the profession ad nauseam.
It is not obvious either what the opportunities or challenges of alternative business structures are within the scope of our current regulatory model.
The ABCs of Alternative Business Structure law firms: Are you ready to insure an ABS?
This Commission was tasked to perform a review not only of alternative business structures and multidisciplinary practices, but of all the Model Rules «in the context of advances in technology and global legal practice developments.»
We've identified the Legal Services Act and the introduction of alternative business structures as an opportunity to grow our business and change our structure.
The restrictions being lifted in 2007 has mostly encouraged the establishment of alternative business structures for the clients» benefit.
Several have working groups in place at the moment that are considering the permissibility of alternative business structures, and those groups contact us from time to time.
As we're on the topic of alternative business structures (ABS) in the legal profession, I'm just curious as to whether there is any speculation with regard to the new ``.
The articling crisis and LPP Program, regulation of licensed paralegals, and the introduction of Alternative Business Structures (ABS), all have the potential to radically transform the future of law.
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.
Many agreed with the Ontario Trial Lawyers Association, which said the role of alternative business structures in fostering innovation is «overstated.»
[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.
[20] Richard Devlin and Ora Morison, «Access to Justice and the Ethics and Politics of Alternative Business Structures,» The Canadian Bar Review 91 (2012): 526, http://ssrn.com/abstract=2437035.
The long wait for the onset of Alternative Business Structures (ABS) is almost over.
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.
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.
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.
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.
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.
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.
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..
• The establishment of alternative business structures that could see different types of lawyers and nonlawyers managing and owning legal practices.
In his address George posited professional services firms are now in the mature stage of their industries» life cycles, as evidenced by stagnant growth in demand, hyper - competition, clients increasingly exerting their buying power, falling prices, and the emergence of alternative business models.
Some even question the long - term future of the partnership model, as more lawyers now seek something different to partnership, and the arrival of alternative business structures (ABSs) promise new ways of financing and running a legal business.
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.
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.»
Australia and the U.K. are both jurisdictions that have reformed and / or liberalized legal services, including the authorization of alternative business structures (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
The next mistake that I fear the Law Society will make is the adoption of Alternative Business Structures (ABS) which will allow venture capitalists and companies like Wal - Mart (seriously) to own up to 49 % of a law firm.
Much of the debate surrounding the future of law practices centers around how New Law and the emergence of Alternative Business Structures are changing the delivery of legal services.
«An Economic Analysis of Alternative Business Structures for the Practice of Law.»
Skeptics of alternative business structures (ABS) have interpreted recent negative news as the death knell for ABS in Canada.
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.
The company has been an aggressive proponent of Alternative Business Structures (ABS), a law firm structure that permits non-lawyers to own law firms.
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.
a b c d e f g h i j k l m n o p q r s t u v w x y z