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ABA and MDPs.


Recently, the American Bar Association American Bar Association (ABA), voluntary organization of lawyers admitted to the bar of any state. Founded (1878) largely through the efforts of the Connecticut Bar Association, it is devoted to improving the administration of justice, seeking uniformity of law  (ABA) House of Delegates House of Delegates
n.
The lower house of the state legislature in Maryland, Virginia, and West Virginia.
, in a vote to "preserve the core values of the profession," overwhelmingly (75%) voted against the creation of multidisciplinary practices (MDPs).

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Resolution 10F, lawyers should be subject only to laws that govern lawyers; thus, they should not share legal fees with nonlawyers, nor permit nonlawyers to own or control entities practicing law. The resolution urges state bar associations--as enforcers of attorney discipline--to define the practice of' law and to retain and enforce laws barring law practice by "entities other than law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
." (For a list of state and local bars that have addressed this issue, see Hymel, "Multidisciplinary Practice: The States Weigh In," 88 Tax Notes 261 (7/10/99), p. 272-274.)

The ABA itself will study and recommend amendments to the Model Rules of Professional Conduct to "assure there are safeguards ... relating to strategic alliances and other contractual relationships with nonlegal professional service providers"

Lesli S. Laffie, J.D., LL.M LL.M Legum Magister (Master of Laws) .
COPYRIGHT 2000 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:multidisciplinary law practice
Author:Laffie, Lesli S.
Publication:The Tax Adviser
Geographic Code:1USA
Date:Sep 1, 2000
Words:163
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