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What’s New in Law Firm Ownership?

Attorney at Work

Depending on your point of view, there’s either lots new or “not so much” new with law firm ownership. Most lawyers are familiar with Rule 5.4 In a nutshell, it says that lawyers must own law firms. New Developments in Law Firm Ownership. Arizona is leading the way. Supreme Court.

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Law Firm Marketing Regulation: What’s Hot and What’s Not — a Tribute

Attorney at Work

I lack both the breadth and depth of his knowledge and tend to more narrowly focus here on law firm marketing and its regulation. Red Hot Law Firm Marketing Trends. The first wave of law firm marketers were often high-performing administrative staff. For-profit lawyer referral services.

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Arizona’s Alternative Business Structure Program Improved Access To Justice For Tort Victims And Possibly Large Companies

Above The Law

In 2020, the Arizona Supreme Court established its Alternative Business Structure (ABS) program which allows nonlawyers to have an economic interest or decision making authority in a law firm. A few days ago, the Big Four accounting firm KPMG applied for Arizonas ABS license.

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Arizona Licenses Elevate As Alternative Business Structure, Making It First Non-Lawyer Owned Law Company with Affiliated Law Firm in U.S.

LawSites

The Arizona Supreme Court has granted an alternative business structure license to law company Elevate , enabling Elevate and its affiliated law firm, ElevateNext, to operate as a single entity in that state, the company says. Related: LawNext: Supreme Court Justice Ann Timmer on Arizona’s Sweeping Regulatory Reforms.

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Arizona Licenses First Three Alternative Business Structures for Delivering Legal Services

LawSites

The Arizona Supreme Court has approved the first three entities to be licensed as alternative business structures, enabling businesses owned by non-lawyers to deliver legal services under the liberalized licensing rules the court approved last August. The two principles are Kent Phelps, an Arizona lawyer since 1996, and Jeffery B.

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Can Lawyers Ethically Store and Transmit Client Info in the Cloud?

Attorney at Work

QUESTION: Our law firm would like to reduce our paper and physical storage use and costs by “going to the cloud” with our data. So, let’s focus on two parts of your question: Do the Rules of Professional Conduct allow lawyers to store and transmit client information in the cloud? Likewise, Model Rule 1.6(c)

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Eye of the Storm: How Will Alternative Business Structures Affect Traditional Law Firms

NCBA Law Practice Management Blog

Arizona has recently stricken the rule barring non-lawyer ownership in law firms from its professional ethics code. Mixed ownership law firms are called ‘ alternative business structures ’ , and they already exist in other parts of the world, most notably the United Kingdom. This is the eye of the storm.

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