Arizona's Alternative Business Structure Program Improved Access To Justice For Tort Victims And Possibly Large Companies - Above the Law
Briefly

from Above the Law1 week ago
In 2020, the Arizona Supreme Court launched its Alternative Business Structure (ABS) program, permitting nonlawyers to have stakes in law firms. This initiative responds to a decline in legal representation in personal law cases, partly due to restrictive ethics rules. Similar discussions are happening in states like California and Utah to improve legal access for low-income and rural communities. However, some critics doubt the effectiveness of ABS and fear ethical compromises by nonlegal entities. KPMG has applied for an ABS license, but its approval is pending more information from the court, focusing on existing practice areas rather than expanding into underserved sectors.
The Arizona Supreme Court's ABS program allows nonlawyers to have decision-making roles in law firms, aiming to address a decline in access to legal services.
Above the Lawhttps://abovethelaw.com/2025/01/arizonas-alternative-business-structure-program-improved-access-to-justice-for-tort-victims-and-possibly-large-companies/
Skeptics of the ABS model argue it may not effectively lower legal fees and raise concerns about the influence of venture capitalists on legal ethics.
Above the Lawhttps://abovethelaw.com/2025/01/arizonas-alternative-business-structure-program-improved-access-to-justice-for-tort-victims-and-possibly-large-companies/
Read at Above the Law
#legal-reform #access-to-justice #alternative-business-structure #legal-ethics #nonlawyer-participation
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