The Law Firm Disrupted: Everything Is Connected
From litigation funding to law firm ownership, debates over regulating the legal profession are heating up.
March 05, 2020 at 09:00 PM
6 minute read
A New York City Bar Association group's report on litigation finance offers further evidence of two distinct camps emerging on the question of how to regulate the profession. Everything is connected, friends. Want to weigh in? Email me here. Want this dispatch in your inbox every Thursday? Sign up here.
Everything Is Connected
Reading a new report from the New York City Bar Association's working group on litigation finance, I knew I'd want to return to the topic in this week's briefing. Then, in the footnotes, I saw a reference to a story I wrote several months ago on proposals to encourage outside ownership of law firms.
From reporting on the prospect of regulatory reform, I knew that the litigation funding industry was paying attention to the question. But seeing the nod to my earlier work and reading the group's conclusions added a new layer to my understanding of how these two threads are woven together.
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