When Legal Disciplinary Partnerships (LDPs) came into force in March 2009 the market did not quite know whether to expect a raft of UK law firms to convert and defy their usually conservative wait-and-see approach in order to bring valued senior non-lawyers into the partnership. As it stands, just over a year down the line and the first stage of change under the Legal Services Act (LSA) 2007 has resulted in a somewhat disappointing but predictable slow drip of largely regional law firms including Mills & Reeve, Irwin Mitchell and Halliwells making the move. Other firms including Bird & Bird have considered converting and actively decided against it.
September 01, 2010 at 02:55 AM
1 minute read
The original version of this story was published on Legalweek
As the trickle of firms converting to LDP status slowly grows, Caroline Grimshaw speaks to non-lawyer partners about the change
When Legal Disciplinary Partnerships (LDPs) came into force in March 2009, the market did not quite know whether to expect a raft of UK law firms to convert and defy their usually conservative wait-and-see approach in order to bring valued senior non-lawyers into the partnership.
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