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Law Firms Owned By Private Equity Funds?

am 19.10.2005 von http://lawjustice.blogspot.com

The British government proposes allowing non-lawyers to partner with lawyers to run combined firms and the creation of an independent body to handle complaints against legal professionals. The proposed reforms to the legal profession in England and Wales were outlined by the Department for Constitutional Affairs (DCA) in a white paper, “The Future of Legal Services: Putting Consumers First” (pdf). The white paper is the result of a study into the regulatory framework for legal services launched by the Department for Constitutional Affairs last year.External ownership of law firms is also to be permitted, with the potential for non-lawyers to own 100 per cent of a firm! This is not less than a revolution in the world of legal professions and surely deserves to be closely followed for UK law firms active across the European Union and certainly in Brussels where running combined firms with non lawyers like …

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Law and justice in the broad sense. In Dutch and/or English. Focus on Flanders, Wallonia, Belgium, the European Union, member states. - personal opinion and news related to law and justice, also related politics - legal columns - texts about legal subject

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