TBA Law Blog


Posted by: Julia Wilburn on Aug 9, 2022

Bloomberg Law reports that the American Bar Association's (ABA) House of Delegates has "passed a non-binding resolution discouraging changes to state rules barring the sharing of legal fees with non-lawyers. But it also encouraged state bar groups to explore innovations designed to increase access to justice by making legal services more affordable." Arizona and Utah have loosened restrictions on firm ownership and North Carolina, California and Michigan are considering similar measures. Sam Skolnik reports that "[t]he changes are often touted as access to justice measures, but they could also allow law firms to seek outside investors and permit the Big Four accountancies and other for-profit businesses like litigation funders to compete to provide legal services in the U.S."