Sentences with phrase «of alternative business structures»

For example, the topic of alternative business structures has been the subject of a complex and at times heated dialogue this year.

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.

That's why he suggested the law society look into an enhanced version of alternative business structures.

The AA has joined an ever increasing list of alternative business structures (ABS) and other new legal businesses that have failed to live up to expectations in the legal market.

It is not obvious either what the opportunities or challenges of alternative business structures are within the scope of our current regulatory model.

«The advent of external investment and ownership which came with the introduction of alternative business structures in 2012 marked the start of a new wave of commercial awareness within the sector which continues to evolve.

«Submissions Regarding the Implementation of Alternative Business Structures in Ontario.»

[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

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 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.

It should not have taken LDPs and the onset of alternative business structures (ABSs) to make some parts of the profession realise change is needed.

While a significant minority of the profession clearly doesn't appear to be ready for such a fundamental shift in regulation, a question remains over the readiness of the regulator to enforce a new regime given the delays over the roll out of alternative business structures.

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.

The restrictions being lifted in 2007 has mostly encouraged the establishment of alternative business structures for the clients» benefit.

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.

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.

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.

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.

Simon commented: «I'm delighted to have been elected joint Head of Chambers, especially at this exciting moment when we are presented with opportunities to pursue our international business and, drawing on Jeff's law firm experience, can develop and strengthen existing ties with leading solicitors at home and lawyers abroad while taking advantage of chances to modernise, such as of the use of Alternative Business Structures.»

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 company has been an aggressive proponent of Alternative Business Structures (ABS), a law firm structure that permits non-lawyers to own law firms.

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

De-regulation in the UK legal sector is also causing increased competition in the form of Alternative Business Structures with new commercial practises and pricing structures.

The province's law society is currently seeking input from the profession regarding possible changes to its governance and adjudication models as well as possible amendments to the Legal Profession Act to allow for the regulation of alternative business structures.

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.

In my recent NLJ series «Chronicle of a Death Foretold» I looked at the spectacular failure of alternative business structures (ABSs)(see NLJ, 8 May 2015, 15 May, 29 May, pp 22).

Australia and the U.K. are both jurisdictions that have reformed and / or liberalized legal services, including the authorization of alternative business structures (ABS).

The parliamentary under - secretary of state for justice, Jonathan Djanogly, initially said that the government would wait and see on the development of alternative business structures (ABSs) this autumn and the effect they would have on the market.

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.

If anything, a surprising number of Alternative Business Structure (ABS) licenses in the UK have been to law firms to add a family member to their company, or to give some ownership to a valued employee.

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

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.

Patricia was a member of the Alternative Business Structures (ABS) working group of the BSB and is currently a member of the Board and Chair of the BSB's Standards Committee.

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.

Among other points, I am in favor of alternative business structures (ABS) that allow non-lawyers to invest and have ownership in a firm or company that provides legal services, as long as client interests are adequately protected, which they can be with very basic, simple measures.

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.»

The ABCs of Alternative Business Structure law firms: Are you ready to insure an ABS?

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.

OTLA has published a submission to the Law Society of Upper Canada in response to the discussion of Alternative Business Structures.

What is your view of alternative business structures for law firms like those that you find in the UK?

As the legal sector continues to adjust to mergers, acquisitions and the ongoing competition of alternative business structures, those looking to specialise in the D&I area could well be looking at a great way to propel their careers and make a difference.

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.