Special Report on
Reform of the legal profession
Reform of the legal profession - Trends
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As we flip the calendar to the new year, Bob Denney annually shares with us his firm’s report on what’s sizzling and what’s fizzling in the legal services market. From white-collar crime in the States to the white-circle firms of Britain, here is what to watch today, tomorrow and beyond. — The Editors This is our 19th annual report on what’s going on in the legal profession in the United States as well as in other parts of the world. As always, it is based on information we compile throughout the year from many sources. Some of the findings are obvious. Others are not. Nevertheless, this is ...
Known for its bargains, the ubiquity of its stores, and its relentless advertising campaigns, Tesco seems to have little in common with private equity or law firms. Now, thanks to the British tabloids’ obsession with catchy headlines, “Tesco Law” stands for a set of new regulations that will allow law firms to issue shares to non-lawyer investors, merge with companies, and list shares on the London Stock Exchange. Though these new rules don’t become effective until 2011, Bloomberg reports that several private equity firms have already scouted the market by holding quiet ... Read More
SURVEY RESULTS FOR
REFORM OF THE LEGAL PROFESSION
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