Despite aggressive competition from London’s Magic Circle, American firms have historically dominated the market for global legal services. But that dominance is now at risk. Our system of lawyer regulation, including substantively outdated ethics rules and
inconsistent state-by-state rule making, inhibits all U.S. lawyers, whether they practice at large multioffice firms, small single-office firms, or in solo practices, from providing the seamless, efficient, and cost-effective service that clients of every size and level of sophistication deserve.
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