business Tag Archives

The Reality of a Publicly Traded Law Firm – How is a Car Crash Victim Served when her Lawyer is Focused on Share Price?

Slater and Gordon is a massive publicly traded international law firm that recently made the financial news in Australia when its share price took a fall of more than forty percent. The company has been an aggressive proponent of Alternative Business Structures (ABS), a law firm structure that permits non-lawyers to own law firms. Critics of ABS have consistently maintained that the corporatization of law …

The Dangers of Non-Lawyer Owned Law Firms

OTLA has published a submission to the Law Society of Upper Canada in response to the discussion of Alternative Business Structures. You can find it here. Should non-lawyers be allowed to own law firms in Ontario? This is a question that the Law Society of Upper Canada (“LSUC”) is currently grappling with. The LSUC, which regulates the provision of legal services in Ontario, is considering whether …