Is Meaningful Regulation of Lawyers in Multidisciplinary Firms Possible?
William Mitchell Magazine, Vol. 18, No. 1, 2000
2 Pages Posted: 24 Mar 2010
Date Written: Spring 2000
If the legal profession embraces multidisciplinary practice (MDP) and allows fee-sharing with nonlawyers, there is a risk that its values, independence, and professionalism will fall prey to market pressures and control by outsiders. On the other hand, rejecting MDP means risking losing business to the multidisciplinary firms already established. The question is whether there is a compromise that provides meaningful regulation of lawyers practicing in multidisciplinary firms.
Keywords: multidisciplinary practice, fee sharing, legal ethics, regulation of attorneys
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