Legal Services Corporation


Some realism on the regulatory reform movement


Imagine a legal sector neatly divided into two groups: the Rule Makers and the Risk Takers.  With evidence piling up that the legal market is not working for ordinary citizens, the Rule Makers come together to evaluate possible changes. After the new rules are enacted, the burden shifts to the Risk Takers to build out workable solutions.

If we apply this simple model to the US legal sector, it appears that the Rule Makers are struggling to deliver, as the most high-profile liberalization efforts at the state and national levels are now being shelved or slow-walked. See, e.g., Cheryl Miller, “California State Bar Puts Brakes on Proposed ‘Regulatory Sandbox,’” Am. Law., Mar. 13, 2020 (citing “political headwinds” as reason for tabling ATILS Task Force recommendations); Brenda Sapino Jeffreys, “ABA Approves Innovation Resolution, With Revisions to Limit Regulatory Changes,” Law.com, Feb. 17, 2020 (discussing passage of watered-down resolution that disavowed any changes to nonlawyer ownership or the unauthorized practice of law).
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Lawyers Trust Fund of Illinois has been thinking about this question for more than 30 years.  Often, the answer involves legaltech.


On the outside chance that the afterlife involves a meeting with St. Peter at the Pearly gates, those working for the Lawyers Trust Fund of Illinois (LTF) will have good story to tell.