The Arizona Supreme Court has granted law company Elevate an Alternative Business Structure (ABS) license, making Elevate and its affiliated law firm, ElevateNext, a single entity. This makes Elevate the first non-lawyer-owned law firm in the United States.
For decades, ethics rules of the various U.S. states prohibited ownership of law firms by non-lawyers. In 2020, Arizona became the first state to eliminate this prohibition. Elevate’s application was approved unanimously by the Arizona Supreme Court in late 2021.
Liam Brown, Chairman and CEO, added, “Elevate addresses the ‘business of law’ market at global law departments and law firms. This ABS allows us to offer these sophisticated consumers of legal services lawyer-led capabilities alongside our technology and services solutions. Law companies are different from and not in competition with traditional law firms, which are well-adapted for the ‘advice of law’ market. Law firms collaborate with Elevate as a strategic partner to offer their clients an effective alternative to the Big Four, who have ramped up legal services in recent years to compete with law firms.”
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