Alternative Business Structures: Disruption Coming to U.S.?

Early in the class, we talked about different ways that lawyers could be subject to regulation. We brought up Alternative Business Structures, which are ways in which non lawyers can own part of a law firm or law partnership. These are typically not permitted under U.S. states’ ethics rules. This article recaps parts of the discussion we had in class, and provides a helpful overview and analysis of how other countries handle Alternative Business Structures. I think the increasing prevalence of articles such as these means that perhaps the legal industry is getting ready for a star bar to ease their rules and allow for Alternative Business Structures in the United States. This will be an interesting space to watch for potential disruptive innovation.

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