Further to our mention of ABSs in the previous entry, an historic event occurred last week: the first UK law firm, Irwin Mitchell, has declared its intention to become an Alternative Business Structure under the Legal Services Act soon to become effective, and has engaged an investment bank to help fashion a workable and attractive structure.
April 2011
Pitfalls of Investing in the Law
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The interests of money and legal ethics have a way of conflicting with each other–as is evident in a number of current developments in the legal industry.
The acceleration of the recent trend of private investors putting money into other people’s lawsuits has prompted debate over what the legal status of the lending should be. According to an article…
The Touchy, Feely Side of Successful Client Service
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The words being thrown around were trust, intimacy, empathy, vulnerability, honesty, transparency, communication, emotional intelligence, teamwork, forgiveness, feedback, collaboration, connectedness, courage, relationship-building. It would be understandable if you thought that you had walked into a marital counseling conference or some new-age event.
In fact, the setting was Georgetown University Law Center’s March 9th conference entitled "Welcome to the…