When Australian law firm Slater & Gordon held a public stock offering, many thought it'd be the end of the law profession as we know it. Now there's legislation in the U.K. that will permit firms there to issue stock. Georgetown professor Milton Regan Jr., however, says law practice is a profession and a business, not a profession or a business, and like it or not, potential competitive pressures mean that we're going to have to confront the question of nonlawyer ownership sooner rather than later.
August 14, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
“If this gets into the U.S., it’ll be the end of law as a profession.”
That was the comment by “Anonymous” on The Wall Street Journal‘s Law Blog the day after Australian law firm Slater & Gordon held a public stock offering. “Anonymous” probably spoke for many who follow the legal profession. Those folks will be even more agitated when pending legislation in the United Kingdom goes into effect that will permit firms there to issue stock as well.
Presented by BigVoodoo
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
