Firm Ownership and Ethics – More PE Law Firm Investment News, Texas Ethics Opinion on MSOs, Risks of Law Firm Technology Ventures
Legal ethics attorneys Trisha Rich, Joshua Porte and Leonard Brahin were cited in a Bressler Risk Blog examining trends in law firm investment as Burford Capital seeks to buy stakes in U.S. law firms. The attorneys authored a Holland & Knight alert on a significant Texas bar opinion providing guidance on the use and operation of law firm management service organizations (MSOs) – thus implicitly acknowledging their permissibility. The Bressler post shared highlights from the alert.