The Clementi review, offering as it does the prospect of non-solicitor equity in solicitors’ practices, is anathema to some, but compellingly attractive to others.
The former group includes those who cherish the independence of the legal profession, perhaps with concerns about the management of conflicts, the regulation of non-solicitor members of the practice and the risk that too much attention will be paid to profitability at the expense of professionalism.
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