ABA Sides Against Opening Law Firms Up to New Competition

Litigation Finance Insider
August 15, 2022

The American Bar Association is pouring cold water on efforts to loosen restrictions on who can own law firms. Last week, the group’s House of Delegates passed a non-binding resolution discouraging changes to state rules barring the sharing of legal fees with non-lawyers. But it also encouraged state bar groups to explore innovations designed to increase access to justice by making legal services more affordable.