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.
Not exact matches
Not one to mince words, he summed up his industry outlook by saying, «Retail guys are going to go
out of business and ecommerce will become the place everyone buys... Retail chains are a fundamentally implausible economic
structure if there's a viable
alternative.
We now have
alternative business structures out of the UK and a myriad
of companies providing legal advisory and LPO services without the fee - draining partnership model.
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.
Based in London and South Africa, the
alternative business structure employs around 30 lawyers
out of 40 staff...
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».
The prospect
of Tesco or the Co-op owning a law firm or offering legal services had leader writers in the English legal press in a tizzy, but the Legal Services Board today produced a complex consultation document on
Alternative Business Structures which sets
out eligibility tests for significant equity investments in firms providing legal services.
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.