Regulatory Issues in a Global Context

From The ABA Law Journal

Despite Globalization, Lawyers Find New Barriers to Practicing Abroad

Posted Nov 1, 2011 4:19 AM CST
By Anna Stolley Persky

For the full article, click HERE.

CHANGES ON THE WAY

The Ethics 20/20 Commission already has signaled its intention to recommend amendments to the ABA Model Rules of Professional Conduct that would make it easier for lawyers from foreign countries to practice in U.S. jurisdictions, at least temporarily.

At the same time, however, the commission has indicated that, while it is considering the possibility of recommending some form of law firm operating structure that would involve nonlawyers, it does not intend to recommend that outside investment in law firms be permitted. The commission was expected to issue an initial draft recommendation on alternative business structures before the end of this year.

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