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Could Calif. Fee-Sharing Ban Threaten ABS Model?

By Rachel Rippetoe

After dropping his suit challenging California’s ban on fee-sharing with nonattorney-owned firms like those formed under Arizona’s alternative business structure program, attorney Brent Wisner ditched the outside investors from his own ABS and formed a managed services organization instead — a shift he said could spell the end of the ABS experiment.

Bold geometric letters in light blue on a dark background, with small blue and gold triangles positioned inside the legs of the A shapes. Anti-ABA Trend May Cut Law School Costs, But With A Price
line chart on a grid background with a blue line going up with an arrow, and a red line going down with an arrow Law Firms Saw Double-Digit Q1 Growth, Citi Survey Finds
portrait of a smiling white man wearing a suit and tie Dinsmore Grows With Addition Of Litigation Firm In Chicago
Woman with long braided hair and dangling earrings wearing a bright red top, smiling in front of a blurred office interior background. Longtime In-House Atty Launches Fractional GC, Advisory Biz

  • Mid-Law

    Hinckley Allen Grows In RI With 7 Trusts And Estates Attys

    By Adrian Cruz

    Hinckley Allen & Snyder LLP announced Tuesday that a team of seven trusts and estates attorneys from Cameron & Mittleman LLP will join the firm's Providence, Rhode Island, office, this summer.

  • portrait of a smiling bald white man with a brown beard and handlebar moustache, wearing a suit with no tie

    California Pulse

    Barnes & Thornburg Adds Haynes Boone Insurance Pro

    By Rose Krebs

    Barnes & Thornburg LLP announced Tuesday that it has hired a partner who previously was counsel at Haynes Boone to bolster its insurance recovery practice.

  • In-House

    Corebridge CLO To Lead Legal Team After Equitable Merger

    By Christine DeRosa

    Following the merger of Corebridge Financial and Equitable Holdings Inc., Corebridge's legal leader will become the top attorney at the newly combined company, the companies announced Tuesday.

  • Legal Tech & AI

    JAMS Launches Alternative Dispute Resolution Tech Group

    By Matt Perez

    Alternative dispute resolution provider JAMS announced on Tuesday the launch of a technology industry group to address disputes regarding new innovations such as artificial intelligence, digital assets, and biotechnology.

  • government portrait of a smiling white woman with long brown hair wearing a white shirt

    DC Pulse

    Squire Patton Adds Terrorism Financing Leader From Treasury

    By Jack Rodgers

    Squire Patton Boggs LLP announced Tuesday it has hired the U.S. Department of the Treasury's former acting assistant secretary for terrorist financing, who focused her work at the agency on economic statecraft initiatives, as well as addressing geopolitical threats to the U.S. and global financial systems.

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    Legal Tech & AI

    Husch Blackwell Names More Leads For Transformation Team

    By Andrea Keckley

    Husch Blackwell LLP announced on Tuesday that it has appointed three people to take up leadership roles in the transformation office it launched earlier this year to accelerate technological and operational change at the firm.

  • Smiling white man with short gray hair wearing a dark suit jacket, white dress shirt and patterned tie.

    In-House

    Invitation Homes Pays CLO To Delay Planned Retirement

    By Nate Beck

    Invitation Homes said Mark Solls, the company's chief legal officer, agreed to remain in his position and take an additional compensation package, deferring his previous plan to retire by the end of the year.

  • portrait of a smiling white woman with bobbed wavy blonde hair and glasses wearing a suit

    New York Pulse

    Ex-Tannenbaum Construction Co-Chair Joins Jones Day

    By Matt Perez

    Jones Day announced on Tuesday the hiring of a former co-chair of the construction and design practice group at New York law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP as a partner in its real estate practice.

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    California Pulse

    ABA Advises Nixing Law School DEI Rules Under Scrutiny

    By Emma Cueto

    The Standards Committee of the American Bar Association's legal education arm has recommended that the section repeal its law school accreditation standards relating to diversity, equity and inclusion, saying that in the face of new government scrutiny, maintaining these requirements for law schools would jeopardize the section's status as a nationwide accreditor.

  • Woman with short blonde hair and small hoop earrings wearing a textured light-colored jacket with pearl buttons, posing in front of a blurred light background.

    California Pulse

    Longtime Blank Rome Litigator Joins Manatt In Los Angeles

    By Adrian Cruz

    Manatt Phelps & Phillips LLP announced Monday that an experienced litigation attorney has joined the firm's Los Angeles office as a consumer protection and advertising partner from Blank Rome LLP.

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