Download - Nice model, now leave
![Page 1: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/1.jpg)
1
Nice Model, Now Leave.Potential Impact of Choice of Law in an
ABS World
James PetersVP, New Market Initiatives
LegalZoom.com
![Page 2: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/2.jpg)
2
Liberalizing Legal Services
![Page 3: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/3.jpg)
3
“we think our bars should join forces in order to express our common stand on the international scene.”
![Page 4: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/4.jpg)
4
“The proposed reforms are plainly inconsistent with the Core Principles of the Legal Profession.”
![Page 5: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/5.jpg)
5
?
![Page 6: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/6.jpg)
6
$270 BILLION
![Page 7: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/7.jpg)
7
![Page 8: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/8.jpg)
8
![Page 9: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/9.jpg)
9
Time Magazine: July 25, 1994
VA LEO 1584:April 11, 1994
![Page 10: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/10.jpg)
10
What about today?
![Page 11: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/11.jpg)
11
![Page 12: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/12.jpg)
12
![Page 13: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/13.jpg)
13
Sort of…
![Page 14: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/14.jpg)
14
£$
![Page 15: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/15.jpg)
15
£
$A lawyer shall not be subject to
discipline if the lawyer’s conduct conforms to the rules of
a jurisdiction in which the lawyer reasonably believes the
predominant effect of the lawyer’s conduct will occur.
![Page 16: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/16.jpg)
16
$
$$ $
$
$
$
$ $$
£
![Page 17: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/17.jpg)
17
$
$$
$
$
$
$$
$ $
“North Carolina could become to law firms what Delaware is to corporations.”
![Page 18: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/18.jpg)
18
"Every day, all round the world, the two legal systems battle it out to be the governing law, for example on commercial
contracts. So any advantages that UK law has to win against US law, the better. Arguably this is good news for UK law, to
see the US being so backward."
![Page 19: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/19.jpg)
19
Possible Results• States lose:oLegal jobsoTax revenueoRegulatory control
![Page 20: Nice model, now leave](https://reader030.vdocuments.us/reader030/viewer/2022032619/55c4d120bb61ebc3218b4880/html5/thumbnails/20.jpg)
20
More Change Pending?