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Argument rages on over pros and cons of non-lawyer investment
Monday, 2 March 2015Does non-lawyer ownership end damaging short-termism within law firms and improve both the economics and culture of legal practice, or does it risk standards and offer little in the way of increasing access to legal services?
Tags: Alternative business structures, American Bar Association, Burford, non-law ownership
Posted in Alternative business structures, Latest news
Blog
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
Whistleblowing guidance for in-house lawyers – a call to arms
In-house lawyers are in a unique position to spot wrongdoing. But reporting it is not just potentially dangerous from a personal point of view.
