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Despite recession legal market is growing globally.

US is s9ll largest market in world but for how long.

UK and EU are signicant and London along with New York has worlds global law rms and s9ll controls major capital markets.

Growing along with BRICS in general. Dicult to know if it will be sustained. Will Asian and Chinese law rms rise to challenge hegemony of Anglo- American axis? What about La9n America?

Growing along with BRICS in general. Dicult to know if it will be sustained. Will Asian and Chinese law rms rise to challenge hegemony of Anglo- American axis? What about La9n America?

Global law rms con9nue to be major forces and are growing in size and strength. But note that law rm equity partnerships are shrinking. Careers in law rms have changed drama9cally. No longer lifelong commitments. Much more corporate in structure and values. Should be contrasted with growth in niche/bou9que prac9ces specializing in par9cular areas. Primacy of law rms being challenged by rise of power of in house counsel.

Technology is changing legal market in both personal and corporate sectors, but in quite dierent ways. Legal Zoom for the individual and Pangea3 for the corporate. Technology could lead to de-skilling of professional workforce reducing need for lawyers but people trained in aspects of legal services. Barriers between producers and consumers of legal knowledge disintegra9ng. Compare to use of peoples use of internet as aid to obtaining medical services. More online dispute resolu9on.

UK becomes game changer in regula9on of legal markets. Alterna9ve Business Structures raise ques9ons of what is a lawyer and what is a law rm?

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Examples of alterna9ve business structures emerging in UK in 2012. Show inuence of Australias moves to incorporated legal prac9ces earlier in 21st century.

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UK becomes game changer in regula9on of legal markets. Alterna9ve Business Structures raise ques9ons of what is a lawyer and what is a law rm?

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Troika is already forcing changes on legal professions, legal markets, courts, civil codes and more. How will USA adjust to these changes? Will its ini9al resistance con9nue? With what consequences?

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What is a lawyer? Aeorney, abogado, barrister, solicitor, bengoshi, paralegal? Or is it just legal services provider now? What is a law rm? Is it Coopera9ve Legal Services? is a website? Is it virtual? Is it a corpora9on? Are legal services dierent from tax advice or planning/zoning advice? Have global law rms escaped regula9on? What do you do with dierent ethical standards and codes? For example, lawyer-client privilege. Does legal educa9on need to change to match changing legal services market? What does legal educa9on actually mean? Can we rely on old models of legal educa9on and training? What is t for purpose here?

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