Author: abs law firms
ABS Law and M&A: How Alternative Business Structures and MSOs Are Rewriting the U.S. Legal Market in 2025
Law Firm M&A In 2025, the U.S. legal services market is undergoing its most significant structural shift in decades. The driver is Alternative Business Structures (ABS)—a regulatory framework that allows nonlawyers to own and invest in law firms. By dismantling one of the last barriers to outside capital, ABS opens the door to private equity…
Legal & Regulatory Evolution of Alternative Business Structures (ABS) in U.S. Jurisdictions—2025
I. Overview & Context Alternative Business Structures (ABS) are entities that offer legal services and permit non‑lawyers to own, manage, or share in profits—directly challenging the prohibition under ABA Model Rule 5.4. Current U.S. jurisdictions with active ABS frameworks include: This review examines statutory, administrative, regulatory, judicial, and bar-level developments within Arizona and Utah from 2024…
