Sentences with phrase «of alternative business structures as»

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.

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.

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.

Not exact matches

Blake counsels asset managers and broker - dealers on all aspects of the development and distribution of alternative investment products, including registered investment companies, business development companies, and other permanent or long - term capital structures, as well as hedge funds and private equity funds.

With the United Nations celebrating 2012 as the International Year of Cooperatives, we also looked into which MBA programs champion cooperative business management as an alternative to a more traditional business structure.

As to law firms becoming investment properties, and other such «alternative business structures,» that brings the conflict of interest between the profit duty and the fiduciary duty — between serving yourself and serving your client.

alternative business structures may facilitate adoption of intelligent bots, as many large - firm lawyers are resistant to change

It would be really easy to read last week's report from the Law Society of Upper Canada's Working Group on Alternative Business Structures as thoughtful and considered.

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.

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.

Sharon Nelson: Well, David, I know some of our listeners won't have a lot of familiarity with Alternative Business Structures or ABS as that term applies to law firms.

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 PapeAs 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 Papeas 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.

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.

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.

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.

«We really see alternative business structures as an access to justice tool and something that can help us make legal services available to a wider variety of people from a wider variety of backgrounds,» says Gilani.

Reed Smith is considering converting its London office to an alternative business structure (ABS) as the firm eyes up the possibility of joint ventures and profit - sharing arrangements with non-lawyer businesses.

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).

Irwin Mitchell LLP paid # 5.8 m of its profits into Irwin Mitchell Holdings, the company it set up as part of plans to restructure as an Alternative Business Structure (ABS), according to limited liability (LLP) accounts recently filed with Companies House.

As an «alternative business structure» it can employ staff (including solicitors) and offer a full range of legal services direct to the public, by no means limited to legal aid.

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.

The Law Society of Upper Canada has reignited the debate over alternative business structures as it considers a new measure that looks to

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.

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.

But it is the innovation of: (1) alternative legal services that cut costs by cutting the competence of the people who deliver the legal services; (2) the commercialization and industrial production of legal services (such as, LegalX, LegalZoom, LegalZoom (Canada), Axiom, and, Neota Logic); and, (3) of ownership of law firms by investors referred to as, «alternative business structures.»

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 `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 `as to whether there is any speculation with regard to the new ``.

As is apparent from the OTLA, and the many comments on my previous post, the upcoming Bencher elections in Ontario finally have an issue that has grabbed the attention of lawyers across the province: Alternative Business Structures.

These alternative business structures include non-lawyer ownership of firms, as well as «one - stop shop» structures that include a range of professional services, legal and otherwise, for clients.

It was already considered a trailblazer as one of the first in - house legal teams to obtain an alternative business structure licence, and for launching its successful legal process outsourcing venture.

Traditionally thought of as lumbering elephants, taking decades to change pace and direction, law firms are recognising that alternative business structures and new technologies are the passport to business survival.

Conspicuously absent from the Policy Framework (as well as from the packages of legislative amendments) is any express reference to «alternative business structure» or the use of any comparable expression.

[9] One of the first orders of business for the Commission in February 2010 was to appoint working groups, one of which was referred to as «Law Firm Regulation / Alternative Business Structuresbusiness for the Commission in February 2010 was to appoint working groups, one of which was referred to as «Law Firm Regulation / Alternative Business StructuresBusiness Structures.»

More specifically, the Issues Paper describes that the group «Regulatory Opportunities» is charged with studying existing regulatory innovations, such as alternative business structures and the Canada Bar Association's Legal Futures Initiative Report, and then recommending «regulatory innovations that improve the delivery of, and the public's access to, competent and affordable legal services.»

From the outset, the Commission has been transparent about the broad array of issues it is studying and evaluating, including those legal services developments that are viewed by some as controversial, threatening, or undesirable (e.g., alternative business structures).

Given both of your comments, can I assume that the CBA supports bringing a Legal Services Act type of legislation to each province, as well as supporting Alternative Business Structures for Canada?

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».

The ACTLA Board of Directors has serious concerns regarding Alternative Business Structures (ABS), Non-Lawyer Ownership of law practices (NLO) and other changes being brought forward by the Law Society of Alberta (LSA) including reducing the number of benchers representing its growing membership as well as the lack of full consultation with the profession on these issues.

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»):

He recently acted for the Institute of Chartered Accountants in England and Wales in relation to its successful application for approval as a regulator and alternative business structure licensing authority in the field of probate services, and its implementation.

The judgment has refocused attention on the application of LPP to partnerships between lawyers and accountants which may emerge once provisions allowing legal services to be offered through «alternative business structures» (or ABSs) under the Legal Services Act 2007 come into force, as anticipated for late 2011.

As McCarthy Tetrault General Counsel Malcolm Mercer pointed out to me and members of the Canadian Association for Legal Ethics on our listerv,» the approval of nearly 50 ABSs [Alternative Business Structures]... in England and Wales in 2012 (with the counterpoints of [the ABA's Ethics 2020 Commission] electing to do nothing on the issue in the US and New South Wales in Australia having permitted non-lawyer ownership of ILPs [Incorporated Legal Practices] for the last decade without a «fitness to own» requirement) is important context and perhaps impetus for Canada».

For example, LSUC ignores the problem and its duties as set out in s. 4.2 of the (Ontario) Law Society Act, while «fast - tracking» the Alternative Business Structures issue (ABS issue) to the quick creation of: (1) an ABS Committee (2) a (biased) ABS Discussion Paper written by the Committee; (3) the online publication of the responses thus obtained; (4) the online publication of a summary of those responses — all done by the work of those self - interested benchers who have campaigned hard to have ABSs made legal; and (5) a proposed vote in 2016 to determine the law society's position as to making ABSs legal.

The County of Carleton Law Association held a town hall meeting at the Ottawa Courthouse Wednesday night to discuss alternative business structures and answer questions its members have regarding the differing models as part of their survey process in preparing a report to the Law Society of Upper Canada.

Hill Dickinson and Kennedys have become the latest top 50 law firms to confirm plans to convert to an alternative business structure (ABS), as growing numbers of firms gear up for the «Tesco Law» revolution.

Saga has applied to become an alternative business structure as the company moves to broaden the range of legal services it offers in partnership with Parabis Group.

GLENDALE, Calif. --(BUSINESS WIRE)-- LegalZoom announced today that it has been approved to begin operations as an Alternative Business Structure (ABS) starting January 7, 2015, pursuant to changes in UK law firm regulations allowing companies to become licensed as providers of reserved legal activities.

Our goal is to become a leading global alternative asset manager, and so we structured it as this stand - alone real assets business so that we could take advantage of the full breadth of our expertise.