April 26, 2007
Center for the Study of the Legal Profession
The Center for the Study of the Legal Profession at Georgetown University Law Center is "devoted to promoting interdisciplinary scholarship on the legal profession informed by awareness of the dynamics of modern practice." The Center is co-directed by Georgetown Law Professors Mitt Regan and Jeffrey Bauman and will bring together leading scholars, practicioners and students in a wide array of settings "designed to foster exchanges...about the ongoing evolution of law practice and the aims and commitments of the profession." The Center, led by these two outstanding teachers and scholars, promises to be on the cutting edge of issues that confront the profession in the future.
Attached is information about the Center and a recent exchange of correspondence that discusses pending legislation in the United Kingdom that would permit non-lawyer equity investment in law firms, subject to oversight, and its potential for impact on practice in the United States in light of Model Rule 5.4. The Center will bring renewed vigor to both the development and study of the modern legal profession. (Mike Frisch)
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Tracked on Apr 26, 2007 11:14:47 AM
It'd be interesting, though, to see if there would be a market for synthetic derivatives issued by investment banks that didn't have anything to do with the law firm. People will invest in anything...
Posted by: Jenny | Apr 26, 2007 10:17:48 AM
What about a synthetic derivative sold by a financial institution not affiliated with the law firm? You know, investors will buy anything these days...
Posted by: Jenny | Apr 26, 2007 11:23:40 AM