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Law Firm Ownership American Bar Association (ABA)

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ABA’s Innovation Trends Report: What law firms should know

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Law firms and the legal profession as a whole have the long-held reputation of being slow to innovate andstymied in tradition. In 2016 the American Bar Association launched its Center for Innovation to guide “innovations...more

Firesign | Enlightened Legal Marketing

Seven Deadly Sins of Law Firm Websites

In the wake of the pandemic, law firm websites have become a more critical part of the legal buyer’s journey. Lockdowns may be over, but remote work and virtual events have changed our habits profoundly and permanently. ...more

Holland & Knight LLP

ABA Formal Opinion Approves Lawyers' Passive Investment in Law Firms with Nonlawyer Owners

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The American Bar Association's (ABA) Formal Ethics Opinion 499 takes a small step forward in approving alternative business structures (ABS) in the practice of law. Recently, Arizona and Utah began allowing nonlawyers to...more

Conn Kavanaugh

Nonlawyer Ownership of Law Firms: Coming to a Jurisdiction Near You?

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Traditionally, the only place to seek legal advice in the U.S. has been at a firm owned and run by one or more lawyers. Change, though, may be on the horizon. A few states have loosened the rules that enforce this norm, and...more

Epstein Becker & Green

New York Could Become the First State to Require Cybersecurity CLE

New York attorneys could soon have to complete cybersecurity training courses to satisfy their continuing legal education (“CLE”) requirement. The House of Delegates of the New York State Bar Association (“NYSBA”) has...more

Akin Gump Strauss Hauer & Feld LLP

Podcast: Mental Health & Well-Being in the Legal Industry with Kim Koopersmith, Patrick Krill

This episode debuts a series of conversations between Akin Gump chairperson Kim Koopersmith and thought leaders in and around the legal industry. In this episode, she speaks with Patrick Krill, an authority on addiction and...more

Holland & Knight LLP

New York City Bar Opinion on Commercial Litigation Funding Raises Concerns - But It Also Suggests a Way Forward

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• The New York City Bar Association's Professional Ethics Committee recently issued advisory (i.e., not legally binding) Opinion 2018-5 (Opinion), which concludes that nonrecourse commercial litigation funding agreements...more

Holland & Knight LLP

ABA Clarifies Lawyers' Confidentiality Obligations Regarding Online Public Commentary

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• The American Bar Association (ABA), on March 6, 2018, issued Formal Opinion 480, which specifically examines confidentiality obligations for lawyer blogging and other public commentary. • Notably, the opinion recites the...more

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