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Prof touts ABS plus

Yamri Taddese - Monday, March 2, 2015

Adding fuel to an already-raging debate on alternative business structures, the Law Society of Upper Canada has released a report laying out the wide-ranging perspectives it has received from the profession so far on whether to let non-lawyers own law firms.
Some, like Cognition LLP, said alternative business structures would allow them to lock in capital more easily, thereby insulating firms from cash-flow troubles. Others, like the Ontario Trial Lawyers Association, said the role of alternative business structures in fostering innovation is “overstated.” Still others conjured up a new concept, dubbed “ABS plus,” that the law society should be considering.

According to University of Ottawa Faculty of Law Prof. David Wiseman, new models will only have a “trickle-down” benefit for poor Ontarians who lack access to just...

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Inside Story

Monday, March 2, 2015

The Canadian Bar Association has recognized a number of lawyers through its 2015 awards.

The awards recognize CBA members who, among other contributions, work to advance equality for gays and lesbians, demonstrate exceptional service to the association’s goals, offer pro bono legal services as a young lawyer or show outstanding efforts as a student member.

Geoffrey Creighton, who recently retired as general counsel at IGM Financial Inc., took home the Douglas Miller award while Stewart McKelvey partner William Ryan received the Louis St-Laurent award. The CBA is also honouring Christian Whalen, senior legal counsel with the New Brunswick office of the child and youth advocate, with the John Tait award.

The awards also recognized several academics. University of Toronto law professor Stephen Waddams receives the Ramon John Hnatyshyn award while the Touchstone award goes to another professor, Martha Jackman of the University of Ottawa.

Other professors honoured include University of Ottawa law Prof. Nicole LaViolette, who...

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