In the News
The Law Firm Disrupted: Everything Is Connected (New York Law Journal)
New York Law Journal, March 5, 2020
The Law Firm Disrupted: Everything Is Connected
The NYC bar group—which included members of the litigation funding industry, legal ethics experts, members of the plaintiffs and defense bars, a former federal judge, and figures from the insurance industry—endorsed potential changes to Rule 5.4 of New York state’s rules of professional conduct. That’s the same rule—part of the American Bar Association’s model rules—that stands in the way of outside ownership of law firms in jurisdictions across the country by prohibiting fee sharing with non-lawyers.
