Navigating the Sea Change in Law Firm Finance and Ownership in the U.S.

Victoria Shannon Sahani of Arizona State University, Sandra Day O’Connor College of Law and Maya Steinitz of the University of Iowa College of Law predict that the trend toward spinning off international arbitration practices in large firms into independent boutiques will likely accelerate as the investment proposition becomes ‘invest in a law firm’ rather than ‘invest in a lawsuit,’ and outline the increased conflicts and ethical challenges that will arise and need to be dealt with in the new landscape. Read more.