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6f76f22d-ac62-4769-a974-a96c661ad0beFor most people, the structures available under the Legal Services Act (LSA) still seem to be a distant development. However, from 31 March, 2009, under the new rules up to 25% of a firm’s partners can now be non-lawyers. This marks the first phase of deregulation under the Act, potentially changing the landscape of the legal profession forever. Those that sit and wait for the introduction of alternative business structures in 2011-12 risk being left behind in the competition, irrespective of whether they are a multinational practice or a small partnership. So, firms with a truly strategic outlook now have an opportunity to gain a commercial advantage.

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