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Tales of Two Regimes for Regulating Limited Liability Law Firms in the US and Australia: Client Protection and Risk Management Lessons

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dc.contributor.author Fortney, Susan Saab
dc.date.accessioned 2010-03-24T15:41:08Z
dc.date.available 2010-03-24T15:41:08Z
dc.date.issued 2009
dc.identifier.citation 11 Leg. Ethics 230 en_US
dc.identifier.uri http://hdl.handle.net/10601/251
dc.description.abstract This essay contrasts the regimes that allow limited liability partnerships in the US and fully incorporated legal practices in Australia. The essay argues that Australia has taken advantage of an opportunity to develop innovative and necessary regulation of law firm ethical infrastructure with the introduction of incorporated legal practices, but the United States has not yet adequately addressed the consumer and ethical risks of limited liability partnerships. This essay raises the issue of whether Australia’s requirement that incorporated law firms should implement “appropriate management systems” to ensure ethical conduct is a model that could fruitfully be applied to all law firms. en_US
dc.publisher Legal Ethics
dc.relation.uri http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1427298
dc.subject Limited liability partnership en_US
dc.subject Legal profession en_US
dc.subject Incorporated law firm en_US
dc.title Tales of Two Regimes for Regulating Limited Liability Law Firms in the US and Australia: Client Protection and Risk Management Lessons en_US
dc.type Article en_US


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