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WHAT WE’RE WATCHING

SHARED INTEREST – All eyes are on Utah right now—and not just because of Donovan Mitchell and the Jazz. Members of the legal industry, at least, are watching with interest to see how the state’s recently enacted two-year pilot “regulatory sandbox” program plays out. The program, in which applicants can seek approval to experiment with new legal business models and approaches such as allowing nonlawyers to share fees with lawyers, is a litmus test for the rest of the country. But is Utah’s approach too radical? As E. Lynn Grayson, who co-chairs the Chicago Bar Association/Chicago Bar Foundation Task Force on the Sustainable Practice of Law & Innovation, told Victoria Hudgins,other states may be more hesitant to embrace a concept like the regulatory sandbox. “Law is very much cloaked in a lot of history and tradition, and any type of change is challenging and to the extent there will be change or proposed improvements, it’s a slow, deliberate process,” Grayson said. “I think the sandbox is a jump in with both feet that may be a little startling and shocking to some state supreme courts.”