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City AM
City AM investigates how Legal Disciplinary Partnerships (LDPs) could change the face of the legal profession should the Ministry of Justice approve new Solicitors Regulation Authority rules.
Rules that would allow non-lawyers access to partnership—an important milestone towards full liberalisation of law firm ownership and with it the creation of alternative business structures in the future.
City AM asks Jennifer Overhaus for her insights. She believes that whilst the presence of non-lawyer managers could alleviate some of the business management pressures lawyers currently face, she questions whether legal partnerships would really want to have non-lawyers “running the show”, leaving lawyers to become the “work churners”. Regardless of any future developments within the legal profession, Jennifer maintains that lawyers cannot afford to ignore the necessity of developing soft skills such as people management and business development skills, which play an increasingly vital role in a successful legal career.