Lawyers Push for Scottish Law Firm Ownership Reform
A group of 18 Scottish law firms launched a campaign today to change outdated rules that block non lawyers from owning stakes in legal practices. Leaders say these restrictions create a succession crisis and leave Scotland behind England and Wales where such ownership has boosted the sector for over a decade. Coalition Launches to Challenge Old Rules The Alternative Business Structures Scotland Group formed to fight for reforms in law firm ownership. This coalition includes firms like Simpson and Marwick, Miller Samuel Hill Brown, and Inksters. They argue that current laws limit growth and innovation in the legal field. Rob…
