Rule against Outside Investment in Law Firms Stifles Innovation
The time has come to re-consider rules barring outside investment in law firms. I start with a specific example of where outside investment could benefit the profession and society and…
The Future of Law: Who Will Perform and Regulate It? (Live Post from COLPM)
I am at the College of Law Practice Management Futures Conference in Chicago. Stephen Mayson, Director and Professor of Strategy, Legal Services Institute, London, is the keynote presenter. His topic: The Future of…
Has the ABA Started Down a Slippery Deregulatory Slope?
The ABA, which accredits law schools, is considering proposals that would allow reducing the number of tenured faculty members. What implications might this have for legal regulation more generally? The Wall…
Why the US Should Allow Outside Investment in Law Firms (disagreeing with the GC of IBM)
Disagreeing with the general counsel of IBM may be risky, but here goes. And normally I do not write about policy or legal regulation. But when it comes to creating…
ABA Ethics Opinion on Outsourcing
The ABA yesterday released Ethics Opinion 08-451 on legal outsourcing. It’s substantively important. And separately, it illustrates, in my opinion, systemic issues with how the ABA conducts important business. The…
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