The Business of Law
Prepare a 3,500 word report. The report should contain the following sections.
1. A brief description of the current regulatory framework around Alternative Business Structures and how they are disrupting the traditional law firm models.
2. An analysis of the advantages and disadvantages of the new and innovative ways of working in the legal sphere.
Consider some of the points below:
– What clients need and want from their legal advisors
– What are the business benefits for law firms in using these structures
– What future generations want from their careers, including agile working and alterative careers.
You should refer to the wider literature, your own research, and practical examples in order to give a comprehensive analysis and show your understanding.
3. A synthesis of sections 1 and 2 which should comprise reasoned conclusions and reflections as to the future ways of working and the business of law.
