Published in August, Nonlawyer Investment in the Legal Economy provides an in-depth look at the complicated realm of lawyer regulation and the rise of the “alternative business structure” or “ABS” movement. The white paper was authored by Marta-Ann Schnabel (O’Bryon & Schnabel PLC), Chair of The Center’s Economics of Law Subcommittee, and subcommittee members Susan E. Gunter (Dutton Brock LLP) and Thomas J. Hurney, Jr. (Jackson Kelly PLLC). The authors also presented on the topic during the DRI Managing Partners and Law Firm Leaders Conference in November.
The Center appointed Steven M. Siros (Jenner & Block) as new chair, and Carmen Toledo (King & Spalding), Roy Prather (Beveridge & Diamond), and Irving Jones (Balch & Bingham) as new members, of its Climate Change and Sustainability Task Force.
The Center was also pleased to announce the creation of a Social Inflation Task Force. The task force will be charged with developing policies and procedures to counteract this trend, through research into its causes and education as to its effects on the resolution of litigation. John Pierce (Dentons Sirote) serves as chair of the task force, which plans to publish a white paper by the end of 2022.