The legal publisher is approved to provide advisory services.
Are lawyers being replaced by legal software? There are many programs to create-your-own-will and incorporate-your-own-business, but according to Neil Rose in Legal Futures, LexisNexis U.K. has been licensed by the Solicitors Regulation Authority there as an alternative business structure, as it sets up to launch a compliance business which combines content, technology and advisory services.
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But Rose predicts, “the move by one of the world’s leading legal information providers to set up an ABS is likely to cause some waves.” He reports that in 2010, Richard Susskind, a law professor, said firms would have to compete with legal publishers in the future. It seems that the future is here—no fooling.
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