One year after the CBA Futures Report, the debate over ABS still rages on and appears to be the most contentious issue, even while foreign firms state they’re eyeing our territory for opportunities. Although there are concerns about professionalism, much of the resistance, especially by personal injury lawyers, is based in protectionism.
Yet ABS may be the great bait and switch of legal innovation. The alternatives to practice may not come in the form of other business structures, but in other technological structures which allow for law to be conducted in different ways.
Legal services rely on enormous amounts of . . . [more]