Lawyers And Money: Profession For Sale?

Law360, New York (June 4, 2010, 11:36 AM EDT) -- Here’s an awful item:

"Given the success of Australia's first publicly traded law firm and an impending law that will allow third parties to invest in U.K. law firms, a reversal of the rule barring nonlawyers from investing in U.S. law firms could help the industry bounce back from a crippling recession, according to industry insiders." US Law Firms Might Be Next For Outside Investment, Law360, Apr. 21, 2010.

The legal profession successfully fought off partnering with accounting firms 10 years ago. Although that may have...
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